Common use of Early Retirement Notice Clause in Contracts

Early Retirement Notice. Employees who inform the Board of their June 30th retirement by January 15th of that year shall receive an additional total of $1,000.00 in salary disbursed in installments over each pay during their final five (5) months of service. Employees who inform the Board of their retirement at least six (6) months in advance of a retirement date other than June 30th will have a one-time additional $850.00 in salary added to their last paycheck.

Appears in 4 contracts

Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement

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