Common use of Early Retirement Clause in Contracts

Early Retirement. A fulltime faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time employee, with the percentage of work load to be mutually acceptable to the College and the employee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 6 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Early Retirement. A fulltime faculty memberfull-time Faculty Member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time employeeEmployee, with the percentage of work load workload to be mutually acceptable to the College Employer and the employeeEmployee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Early Retirement. A fulltime full-time faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time employee, with the percentage of work load workload to be mutually acceptable to the College Employer and the employee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Bargaining Agreement

Early Retirement. A fulltime full-time faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time employee, with the percentage of work load workload to be mutually acceptable to the College and the employee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Early Retirement. A fulltime full-time faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-fifty- five (55), apply for status as a continuing part-time employee, with the percentage of work load to be mutually acceptable to the College and the employee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Early Retirement. A fulltime full-time faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time employee, with the percentage of work load to be mutually acceptable to the College and the employee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workloadwork load.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Early Retirement. A fulltime faculty memberfull-time Faculty Member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time employeeEmployee, with the percentage of work load workload to be mutually acceptable to the College Employer and the employeeEmployee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Early Retirement. A fulltime full-time faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time employee, with the percentage of work load workload to be mutually acceptable to the College Employer and the employee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

Early Retirement. A fulltime full-time faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time employee, with the percentage of work load workload to be mutually acceptable to the College Employer and the employee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 1 contract

Samples: Collective Agreement

Early Retirement. A fulltime full-time faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time employee, with the percentage of work load workload to be mutually acceptable to the College and the employee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 1 contract

Samples: Collective Agreement

Early Retirement. A fulltime full-time faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time employeetimeemployee, with the percentage of work load workload to be mutually acceptable to the College Employer and the employee, but not less than fifty percent (50%). Salary and benefits shall benefitsshall be prorated in proratedin accordance with the percentage of workload.

Appears in 1 contract

Samples: Collective Agreement

Early Retirement. A fulltime faculty member, in order to facilitate gradual retirement, may, upon reaching the age of fifty-five (55), apply for status as a continuing part-time employee, with the percentage of work load to be mutually acceptable to the College and the employee, but not less than fifty percent (50%). Salary and benefits shall be prorated in accordance with the percentage of workload.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!