Common use of Merit Service Time Retirement Clause in Contracts

Merit Service Time Retirement. Any professional employee who has been a full-time member of the District for fifteen (15) or more consecutive years and retiring from the district will receive Merit Service Time Pay from the Board in the amount of $50 for each year of service in District No. 221. Such Merit Service Time remuneration will be paid on their last payroll check.

Merit Service Time Retirement. ‌ Any professional employee who has been a full-time member of the District for fifteen (15) or more consecutive years and retiring from the district will receive Merit Service Time Pay from the Board in the amount of $50 for each year of service in District No. 221. Such Merit Service Time remuneration will be paid on their last payroll check.