Common use of Eligibility at Retirement Clause in Contracts

Eligibility at Retirement. A bargaining unit member's eligibility for retirement pay shall be determined as of the final date worked. The criteria are as follows: 1. The bargaining unit member retires from the District. 2. Retirement shall be defined as disability or service retirement as specified in Section 3307.38 of the Ohio Revised Code (State Teachers Retirement System). 3. The bargaining unit member must be eligible for disability or service retirement as of his/her last date of employment with the Board. 4. The bargaining unit member must, within 180 days of the last day of employment with the Board, prove acceptance into the retirement system. Payment will be made by not later than the second regular payday following receipt of such proof. 5. The bargaining unit member must have not less than ten (10) years of service with the District, the state, or its political subdivisions. 6. The bargaining unit member must sign a form provided by the Board when he/she picks up the District's retirement check certifying that all of the above eligibility criteria have been met.