Common use of Other Retirement Pay Clause in Contracts

Other Retirement Pay. At the faculty member’s discretion, payment of unused sick leave may be made in a lump sum payment or may be sent to the faculty member’s deferred compensation plan. Employees may choose to receive a vacation leave lump sum payment or to have either a portion of or all of the funds sent to their deferred compensation plan for investment.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Other Retirement Pay. At the faculty member’s discretion, payment of unused sick leave may be made in a lump sum payment or may be sent to the faculty member’s deferred compensation plan. Employees Faculty may choose to receive a vacation leave lump sum payment or to have either a portion of or all of the funds sent to their deferred compensation plan for investment.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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