Common use of Notice of Retirement Incentive Clause in Contracts

Notice of Retirement Incentive. If an employee submits his/her written notice to the Board of Education of the employee’s retirement through STRS by November 1st of the school year in which the employee is going to retire, the Board of Education shall pay to the employee a stipend in the amount of one thousand dollars ($1,000).

Appears in 4 contracts

Samples: Professional Agreement, Professional Agreement, Professional Agreement

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Notice of Retirement Incentive. If an employee submits his/her written notice to the Board of Education of the employee’s retirement through STRS by November 1st at least six (6) months prior to the effective date of the school year in employee’s retirement on which the employee is going to retire, the Board of Education shall pay to the employee a stipend in the amount of one thousand dollars ($1,000).

Appears in 1 contract

Samples: Collective Bargaining Agreement

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