Employment After Retirement Sample Clauses

Employment After Retirement. An individual who is appointed after retiring from the Xxxx County Schools or from any other public or private employer shall be granted applicable service credit for purposes of placement on the salary schedule to a maximum of twenty (20) years. Such individuals shall then advance on the schedule in successive years based on additional years of service credit earned after their appointment. These individuals who are appointed after retiring shall be appointed to an annual contract, including a one (1) year probationary period if not previously employed as a teacher by the District.
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Employment After Retirement. 32 Excessive Absence................................................................................................................. 24
Employment After Retirement. Any full-time or part-time faculty member who chooses to return to employment after retirement (within 39 months) and who has completed the appropriate waiting period as specified by STRS/PERS and Ed Code and received BOT approval shall be eligible for active status. Upon retirement, faculty members must indicate on the Voluntary Separation Form their intent to return as a part-time associate faculty member and/or retired annuitant. The faculty member will be placed on the part-time salary schedule at the rate that corresponds to the level that the faculty member had on the part- time salary schedule at the time of retirement.
Employment After Retirement. An individual who is appointed after retiring from the Xxxx County Schools or from any other public or private employer shall be granted applicable service credit for purposes of placement on the salary schedule to a maximum of twenty (20) years. Such individuals shall then advance on the schedule in successive years based on additional years of service credit earned after their appointment. These individuals who are appointed after retiring shall be appointed to an annual contract, including a one (1) year probationary period if not previously employed as a teacher by the District. Universal Calculation of Bonus All classroom teachers as defined by Chapter 1012.01 (2)(a), Florida Statutes (2017) and other instructional personnel included in the LCTA unit who are rated as highly effective on their final 2016-2017 school year evaluation will be eligible for a $1200 bonus. All classroom teachers as defined by Chapter 1012.01 (2)(a), Florida Statutes (2017) and other instructional personnel included in the LCTA unit who are rated as effective on their final 2016-2017 school year evaluation will be eligible for a $800 bonus. The bonuses will be distributed in the Spring 2018 upon receipt of partial funding from the Florida Department of Education pursuant to Florida Statutes. The bonus amounts and employer matching Social Security and Medicare will be calculated in the same manner as the Florida Department of Education calculates their bonus amounts.
Employment After Retirement. An individual who is appointed after retiring from the Leon County Schools or from any other public or private employer shall be granted applicable service credit for purposes of placement on the salary schedule to a maximum of twenty
Employment After Retirement. Anyone retired from the Oregon Public Employees Retirement System may be employed on a temporary one-year (1-year) basis and will be provided all other contractual benefits offered to a first-year probationary employee. Xxxxxx of retired PERS employees is at the sole discretion of the District. 1. Employees who are rehired following a mid-year or the next school year after retirement shall remain on the same evaluation track as prior to retirement. This provision applies only to employees who have retired from the Nyssa School District.

Related to Employment After Retirement

  • Death, Retirement or Disability Executive’s employment shall terminate automatically upon Executive’s death or Retirement during the Employment Period. For purposes of this Agreement, “Retirement” shall mean normal retirement as defined in the Company’s then-current retirement plan, or if there is no such retirement plan, “Retirement” shall mean voluntary termination after age 65 with ten years of service. If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice of its intention to terminate Executive’s employment. In such event, Executive’s employment with the Company shall terminate effective on the 30th day after receipt of such written notice by Executive (the “Disability Effective Date”), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive’s duties. For purposes of this Agreement, “Disability” shall mean a mental or physical disability as determined by the Board of Directors of the Company in accordance with standards and procedures similar to those under the Company’s employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, “Disability” shall mean the inability of Executive, as determined by the Board, to perform the essential functions of his regular duties and responsibilities, with or without reasonable accommodation, due to a medically determinable physical or mental condition which has lasted (or can reasonably be expected to last) for twelve workweeks in any twelve-month period. At the request of Executive or his personal representative, the Board’s determination that the Disability of Executive has occurred shall be certified by two physicians mutually agreed upon by Executive, or his personal representative, and the Company. Failing such independent certification (if so requested by Executive), Executive’s termination shall be deemed a termination by the Company without Cause and not a termination by reason of his Disability.

  • Death, Disability or Retirement Subject to the provisions of Section 1 hereof, this Agreement shall terminate automatically upon the Executive's death, termination due to "Disability" (as defined below) or voluntary retirement under any of the Company's retirement plans as in effect from time to time. For purposes of this Agreement, Disability shall mean the Executive has met the conditions to qualify for long-term disability benefits under the Company's policies, as in effect immediately prior to the Effective Date.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Qualifying Termination of Employment A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. The Executive’s death or Disability during the Protected Period shall not constitute a Qualifying Termination of Employment.

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Competition After Termination of Employment The Company shall not pay any benefit under this Agreement if the Executive, without the prior written consent of the Company and within 2 years from the Executive’s Termination of Employment, engages in, becomes interested in, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, or becomes associated with, in the capacity of employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area (a 50 mile radius) of the business of the Company, which enterprise is, or may deemed to be, competitive with any business carried on by the Company as of the date of termination of the Executive’s employment or retirement. This section shall not apply following a Change in Control.

  • Involuntary Termination of Employment If the Executive does not exercise his withdrawal rights pursuant to Subsection 2.2, and the Executive's employment with the Bank is involuntarily terminated for any reason, including a termination due to disability of the Executive but excluding termination for Cause, or termination following a Change in Control within thirty-six (36) months of such Change in Control, within thirty (30) days of such involuntary termination of employment, the Bank shall be required to make an immediate lump sum Contribution to the Executive's Retirement Income Trust Fund in an amount equal to: (i) the full Contribution required for the Plan Year in which such involuntary termination occurs, if not yet made, plus (ii) the present value (computed using a discount rate equal to the Interest Factor) of all remaining Contributions to the Retirement Income Trust Fund; provided however, that, if necessary, an additional amount shall be contributed to the Retirement Income Trust Fund which is sufficient to provide the Executive with after tax benefits (assuming a constant tax rate equal to the rate in effect as of the date of the Executive's termination) beginning at his Benefit Age, equal in amount to that benefit which would have been payable to the Executive if no secular trust had been implemented and the benefit obligation had been accrued under APB Opinion No. 12, as amended by FAS 106.

  • Termination of Employment Due to Death or Disability If your employment with the Company terminates due to death or Disability, in each case, prior to the Vesting Date, your Adjusted PSUs will vest and convert into Shares on the Adjustment Date (even though you are not employed by the Company on the Vesting Date). Upon a termination of employment due to death, the Adjusted PSUs shall be delivered in accordance with Section 10.

  • Voluntary Termination of Employment If during the Employment Term, Executive terminates his employment under circumstances other than those specified elsewhere in this Section 8, Executive shall be entitled to the payments and benefits specified in Section 8(a).

  • Retirement, Death or Disability If the Executive’s employment terminates during the Term of this Agreement due to his death, a disability that results in his collection of any long-term disability benefits, or retirement at or after age 62, the Executive (or the beneficiaries of his estate) shall be entitled to receive the compensation and benefits that the Executive would otherwise have become entitled to receive pursuant to subsection (d) hereof upon a resignation without Good Reason.

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