Common use of Longevity Related Clause in Contracts

Longevity Related. Upon retiring or leaving the District, teachers shall receive a longevity payment equal to thirty-five percent (35%) of their final year’s salary (including stipends pay) if the teacher meets the following eligibility criteria: The teacher’s actual letter of resignation must be received no later than April 1 of the calendar year the teacher terminates employment If unforeseeable and extreme events, make it necessary for a teacher to retire or resign from District service after the April 1 deadline found in Subd. 1(b), he/she may also submit a hardship petition to a Longevity Payment Committee (LPC) for exemption from the deadline. On receipt of a hardship petition, the Chair of the Board and the President of the Belgrade Education Association shall mutually select the members of the LPC and convene a meeting. The findings of the LPC shall be final and not grievable under any other provision of the Agreement.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Longevity Related. Upon retiring or leaving the District, teachers shall receive a longevity payment equal to thirty-five percent (35%) of their final year’s salary (including stipends pay) if the teacher meets the following eligibility criteria: The teacher’s actual letter of resignation must be received no later than April 1 of the calendar year the teacher terminates employment If unforeseeable and extreme events, events make it necessary for a teacher to retire or resign from District service after the April 1 deadline found in Subd. 1(b), he/she may also submit a hardship petition to a Longevity Payment Committee (LPC) for exemption from the deadline. On receipt of a hardship petition, the Chair of the Board and the President of the Belgrade Education Teachers Association shall mutually select the members of the LPC and convene a meeting. The findings of the LPC shall be final and not grievable under any other provision of the Agreement.

Appears in 1 contract

Samples: Master Agreement

Longevity Related. Upon retiring or leaving the District, teachers shall receive a longevity payment equal to thirty-five percent (35%) of their final year’s 's salary (including stipends pay) if the teacher meets the following eligibility criteria: The teacher’s 's actual letter of resignation must be received no later than April 1 of the calendar year the teacher terminates employment If unforeseeable and extreme events, events make it necessary for a teacher to retire or resign from District service after the April 1 deadline found in Subd. 1(b), he/she may also submit a hardship petition to a Longevity Payment Committee (LPC) for exemption from the deadline. On receipt of a hardship petition, the Chair of the Board and the President of the Belgrade Education Teachers Association shall mutually select the members of the LPC and convene a meeting. The findings of the LPC shall be final and not grievable under any other provision of the Agreement.

Appears in 1 contract

Samples: Master Agreement

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Longevity Related. Upon retiring or leaving the District, teachers shall receive a longevity payment equal to thirty-five percent (35%35 ) of their final year’s 's salary (including stipends pay) if the teacher meets the following eligibility criteria: The teacher’s 's actual letter of resignation must be received no later than April 1 of the calendar year the teacher terminates employment If unforeseeable and extreme events, events make it necessary for a teacher to retire or resign from District service after the April 1 deadline found in Subd. 1(b), he/she may also submit a hardship petition to a Longevity Payment Committee (LPC) for exemption from the deadline. On receipt of a hardship petition, the Chair of the Board and the President of the Belgrade Education Teachers Association shall mutually select the members of the LPC and convene a meeting. The findings of the LPC shall be final and not grievable under any other provision of the Agreement.

Appears in 1 contract

Samples: Master Agreement

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