Common use of Elimination of Benefits under Article X of the CBA Clause in Contracts

Elimination of Benefits under Article X of the CBA. In lieu of (but in no event in addition to) the benefits described in the CBA under Article IX.A., upon retirement from M.S.D. of Xxxxx Township the teacher must meet both the following requirements in order to be entitled to the Retirement Annuity Benefit: 1. In the fiscal year (July 1 through June 30) of the teacher’s retirement, the retiring teacher must be at least fifty-five (55) years of age. 2. Immediately prior to retirement, the teacher must have completed not less than ten (10) years of service to the M.S.D. of Xxxxx Township.

Appears in 7 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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