HOURLY EMPLOYMENT. Upon the approval of the Board of Trustees prior to the beginning of each academic year in which such employment is to occur, a faculty member may be granted the option of contract hourly employment after retirement under the following rules: a. The District may employ eligible full-time faculty members as contract hourly instructors and/or consultants during each year following retirement, to a maximum of five years (each year of employment must be approved by the Board prior to the beginning of the academic year) or age 70, whichever occurs first; b. applicants for the early retirement program shall have served a minimum of 10 consecutive years of contract service with the District and be between the ages of 55 and 65; c. the employee shall be eligible to receive the maximum salary compensation allowable to those currently receiving STRS benefits. These rates will increase by the same percentage as any lawful increase in the maximum salary compensation allowable; d. the hourly rate for faculty members employed as consultants shall be the appropriate rate on the Hourly/Overload Salary Schedule. Nevertheless, the actual amount of compensation paid such faculty members shall not exceed the amount allowed by the Education Code and law. The maximum number of hours for the consulting assignment is computed by dividing the maximum salary compensation allowable by STRS by the hourly rate.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement