Common use of Notice for Next Year Retirement Clause in Contracts

Notice for Next Year Retirement. The District shall provide each employee who submits an irrevocable notice of his/her intent to retire no later than the first Wednesday in March of the year prior to retirement $2,000 non-creditable lump sum payment or 403(b) contribution paid post retirement. The option to select this incentive will sunset on the first Wednesday in March, 2020.

Notice for Next Year Retirement. The District shall provide each employee who submits an irrevocable notice of his/her intent to retire no later than the first Wednesday in March of the year prior to retirement a Four Thousand Dollars ($2,000 4,000) non-creditable lump sum payment or 403(b403(B) contribution contribution, paid post retirement. The option to select this incentive will sunset on the first Wednesday in March, March 2020.

Notice for Next Year Retirement. The District shall provide each employee who submits an irrevocable notice of his/her intent to retire no later than the first Wednesday in March 3 of the year prior to retirement $2,000 non-creditable lump sum payment or 403(ba four percent (4%) contribution paid post retirementincentive at the end of that year. The District will also pay a four percent (4%) incentive at the end of the final year of employment. The option to select this incentive will sunset on the first Wednesday in MarchMarch 3, 20202017.

Notice for Next Year Retirement. The District shall provide each employee who submits an irrevocable notice of his/her intent to retire no later than the first Wednesday in March of the year prior to retirement a $2,000 non-creditable credible lump sum payment or 403(b403 (b) contribution paid post retirement. The option to select this incentive will sunset on the first Wednesday in March, March 2020.