Incentive for Attendance. To reduce voluntary absences, a teacher who uses one (1) or fewer days of paid time off during the school year may choose an option listed in the following table with the District buying back paid time off reducing the teacher's paid time off total by the same number of days a teacher is eligible for and elects to receive payment in exchange for those days: a. To have the District contribute the amount set forth below in the table of pay at the teacher’s daily rate into the teacher’s account in the State of Minnesota Deferred Compensation Plan (457) tax sheltered annuity or 403(b) plan approved provider; or b. Receive payment set forth below in the table, to be paid no later than July15. c. Use of one (1) day paid time off shall be allowed for a teacher’s eligibility for receiving the incentive. d. Use of one (1) PTO day will qualify as zero (0) days used (previously interpreted as one (1) personal leave day).
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Incentive for Attendance. To reduce voluntary absences, a teacher who uses one (1) or fewer days of paid time off during the school year may choose an option listed in the following table with the District buying back paid time off reducing the teacher's paid time off total by the same number of days a teacher is eligible for and elects to receive payment in exchange for those days:
a. To have the District contribute the amount set forth below in the table of pay at the teacher’s daily rate into the teacher’s account in the State of Minnesota Deferred Compensation Plan (457) tax sheltered annuity or 403(b) plan approved provider; or
b. Receive payment set forth below in the table, to be paid no later than July15July 15.
c. Use of one (1) day paid time off shall be allowed for a teacher’s eligibility for receiving the incentive.
d. Use of one (1) PTO day will qualify as zero (0) days used (previously interpreted as one (1) personal leave day).
Appears in 1 contract
Samples: Collective Bargaining Agreement
Incentive for Attendance. To reduce voluntary absences, a teacher who uses one (1) or fewer days of paid time off during the school year may choose an option listed in the following table with the District buying back paid time off reducing the teacher's paid time off total by the same number of days a teacher is eligible for and elects to receive payment in exchange for those days:
a. To have the District contribute the amount set forth below in the table of pay at the teacher’s daily rate into the teacher’s account in the State of Minnesota Deferred Compensation Plan (457) tax sheltered annuity or 403(b) plan approved provider; orprovider;or
b. Receive payment set forth below in the table, to be paid no later than July15.
c. Use of one (1) day paid time off shall be allowed for a teacher’s eligibility for receiving the incentive.
d. Use of one (1) PTO day will qualify as zero (0) days used (previously interpreted as interpretedas one (1) personal leave day).
Appears in 1 contract
Samples: Collective Bargaining Agreement