Common use of PART-TIME EMPLOYMENT WITH FULL RETIREMENT CREDIT Clause in Contracts

PART-TIME EMPLOYMENT WITH FULL RETIREMENT CREDIT. (Reduced Work Year) 1. An option for part-time employment is available for eligible unit members to phase into their retirement program. The unit member and the Office agree to contribute the full retirement payment that would have been contributed if the unit member had been employed on a full- time basis. 2. In order to qualify for this provision, the unit member must meet the following conditions. A. The unit member must have reached the age of 55 prior to reduction in workload. B. The unit member must have been employed full-time in a position requiring certification for at least ten (10) years of which the immediately preceding five (5) years were full- time employment. C. The option of part-time employment must be exercised at the request of the unit member, approved by the Office and can be revoked only with the mutual consent of the Office and the unit member. D. The unit member shall be paid a salary which is the pro rata share of the salary the unit member would be earning had the unit member not elected to exercise the option of part-time employment. The unit member shall retain all other rights and benefits for which the unit member is eligible. E. The minimum part-time employment shall be the equivalent of one-half of the number of days of service required by the unit member's contract of employment during his/her final year of service in a full-time position. F. The unit member may participate a total of six (6) consecutive years. 3. The employee shall receive health and welfare benefits in the same manner as a full-time employee. 4. Any unit member who is interested in participating in the program shall notify the Personnel Office no later than March 15. The Office shall schedule a meeting with each such unit member on or before April 30 to develop a mutually agreeable program for such unit member. 5. No unit member shall be pressured overtly or indirectly to participate in the part-time employment program.

PART-TIME EMPLOYMENT WITH FULL RETIREMENT CREDIT. (Reduced Work Year) 1. An option for part-time employment is available for eligible unit members to phase into their retirement program. The unit member and the Office agree to contribute the full retirement payment that would have been contributed if the unit member had been employed on a full- time basis. 2. In order to qualify for this provision, the unit member must meet the following conditions. A. The unit member must have reached the age of 55 prior to reduction in workload. B. The unit member must have been employed full-time in a position requiring certification for at least ten (10) years of which the immediately preceding five (5) years were full- time employment. C. The option of part-time employment must be exercised at the request of the unit member, approved by the Office and can be revoked only with the mutual consent of the Office and the unit member. D. The unit member shall be paid a salary which is the pro rata share of the salary the unit member would be earning had the unit member not elected to exercise the option of part-time employment. The unit member shall retain all other rights and benefits for which the unit member is eligible. E. The minimum part-time employment shall be the equivalent of one-half of the number of days of service required by the unit member's contract of employment during his/her their final year of service in a full-time position. F. The unit member may participate a total of six (6) consecutive years. 3. The employee shall receive health and welfare benefits in the same manner as a full-time employee. 4. Any unit member who is interested in participating in the program shall notify the Personnel Office no later than March 15. The Office shall schedule a meeting with each such unit member on or before April 30 to develop a mutually agreeable program for such unit member. 5. No unit member shall be pressured overtly or indirectly to participate in the part-time employment program.

PART-TIME EMPLOYMENT WITH FULL RETIREMENT CREDIT. (Reduced Work Year) 1. An option for part-time employment is available for eligible unit members to phase into their retirement program. The unit member and the Office agree to contribute the full retirement payment that would have been contributed if the unit member had been employed on a full- full-time basis. 2. In order to qualify for this provision, the unit member must meet the following conditions. A. The unit member must have reached the age of 55 prior to reduction in workload. B. The unit member must have been employed full-time in a position requiring certification for at least ten (10) years of which the immediately preceding five (5) years were full- full-time employment. C. The option of part-time employment must be exercised at the request of the unit member, approved by the Office and can be revoked only with the mutual consent of the Office and the unit member. D. The unit member shall be paid a salary which is the pro rata share of the salary the unit member would be earning had the unit member not elected to exercise the option of part-part- time employment. The unit member shall retain all other rights and benefits for which the unit member is eligible. E. The minimum part-time employment shall be the equivalent of one-half of the number of days of service required by the unit member's contract of employment during his/her final year of service in a full-time position. F. The unit member may participate a total of six (6) consecutive years. 3. The employee shall receive health and welfare benefits in the same manner as a full-time employee. 4. Any unit member who is interested in participating in the program shall notify the Personnel Office no later than March 15. The Office shall schedule a meeting with each such unit member on or before April 30 to develop a mutually agreeable program for such unit member. 5. No unit member shall be pressured overtly or indirectly to participate in the part-time employment program.