EEOC Window. An MSCF faculty member older than age fifty-five (55), who met the ten (10) year service requirement as defined in this Section by July 1, 1995 will also be eligible to receive the full benefit of the applicable retirement incentive of the former 1993-95 technical college/school district contract if s/he: A. Applies within one hundred and eighty (180) days of meeting the age and service requirement, and B. Separates no later than one hundred and eighty (180) days following the date of application for the benefit. Any faculty member eligible under this subdivision who does not elect early retirement during the window but chooses to apply later will be compensated in accordance with the applicable early retirement incentive provision outlined in this Section or in Section 3. above.
Appears in 7 contracts
Samples: Master Agreement, Master Agreement, Employment Agreement
EEOC Window. An MSCF faculty member older than age fifty-five sixty (55), who met 60) when s/he completes the ten (10) year applicable service requirement as defined in this Section by July 1, 1995 Subd. 2. above will also be eligible to receive the full benefit of the applicable early retirement incentive of the former 1993-95 technical college/school district contract in Subd. 3. above if s/he:
A. Applies within one hundred and eighty (180) days of meeting the age and service requirement, and
B. Separates no later than one hundred and eighty (180) days following the date of application for the benefit. Any faculty member eligible under this subdivision who does not elect early retirement during the window but chooses to apply later will be compensated in accordance with the applicable early retirement incentive provision outlined in this Section or in Section 3. above.
Appears in 1 contract
Samples: Master Agreement