Common use of Partial Retirement Clause in Contracts

Partial Retirement. Reduced Work Time: Subject to approval by the District, classified employees may reduce their work assignment from full-time to part-time. If classified employees wish to reduce their work assignment and maintain retirement benefits pursuant to Government Code Sections 20900 and 20905 and Education Code Sections 45139 and 44922, the following regulations shall apply: a) The employee shall have reached the age of fifty-five (55) prior to reduction in work assignment. b) The employee shall have been employed in a classified position for at least ten (10) years of which the immediately preceding five (5) years were full-time employment as defined by PERS. c) During the period immediately preceding a request for a reduction in work assignment, the classified employee shall have been employed full-time in a classified position for a total of at least five (5) years without a break in service. Break shall be defined for purposes of this section as an actual termination of employment. d) The option of part-time employment shall be exercised at the request of the classified employee and can be revoked only with the mutual consent of the employer and the classified employee. Should the employee elect to return to full-time status, with the District's consent, e) Employees shall be paid a salary, which is a pro-rated share of the salary he or she would have been earning had he or she not elected to exercise the option of part-time employment. The employee shall retain all other rights and benefits to which he or she was entitled as long as he or she continues to make the payment that would be required if he or she had remained in full-time status. f) The minimum part-time employment shall be equivalent to one-half (½) of the employee's FTE at the time the employee applies for reduced work assignment. g) The period of part-time classified employment shall not exceed five

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Partial Retirement. Reduced Work Time: Subject to approval by the District, classified employees may reduce their work assignment from full-full- time to part-time. If classified employees wish to reduce their work assignment and maintain retirement benefits pursuant to Government Code Sections 20900 and 20905 and Education Code Sections 45139 and 44922, the following regulations shall apply: a) The employee shall have reached the age of fifty-five (55) prior to reduction in work assignment. b) The employee shall have been employed in a classified position for at least ten (10) years of which the immediately preceding five (5) years were full-time employment as defined by PERS. c) During the period immediately preceding a request for a reduction in work assignment, the classified employee shall have been employed full-time in a classified position for a total of at least five (5) years without a break in service. Break shall be defined for purposes of this section as an actual termination of employment. d) The option of part-time employment shall be exercised at the request of the classified employee and can be revoked only with the mutual consent of the employer and the classified employee. Should the employee elect to return to full-time status, with the District's consent,, during the term of the five (5)-year program or at the end of the fifth year at the employee's choice, the employee shall have bumping rights to ensure his/her return to the same FTE in the classification held by the employee prior to taking a reduced work assignment. e) Employees shall be paid a salary, which is a pro-rated share of the salary he or she would have been earning had he or she not elected to exercise the option of part-time employment. The employee shall retain all other rights and benefits to which he or she was entitled as long as he or she continues to make the payment that would be required if he or she had remained in full-time status. f) The minimum part-time employment shall be equivalent to one-half (½) of the employee's FTE at the time the employee applies for reduced work assignment. g) The period of part-time classified employment shall not exceed fivefive (5) years. At the end of the fifth year, the employee must return to full-time service as defined herein or take full retirement. h) The period of part-time classified employment shall not extend beyond the end of the school year during which the classified employee reaches his or her seventieth (70th) birthday. i) Any change in the percent (FTE) during the five (5)-year period may be requested by either party but granted only by mutual consent. j) The employee and the District shall continue to pay retirement contributions to PERS based upon the FTE considered to be full-time by PERS for the employee at the time they enter the program. k) The employee and the District will follow all rules and regulations of the Public Employees’ Retirement System. l) A copy of the Agreement for reduced work assignment between the employee and the District shall be sent to the Union Office.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Partial Retirement. Reduced Work Time: Subject to approval by the District, classified employees may reduce their work assignment from full-time to part-time. If classified employees wish to reduce their work assignment and maintain retirement benefits pursuant to Government Code Sections 20900 and 20905 and Education Code Sections 45139 and 44922, the following regulations shall apply: a) The employee shall have reached the age of fifty-five (55) prior to reduction in work assignment. b) The employee shall have been employed in a classified position for at least ten (10) years of which the immediately preceding five (5) years were full-time employment as defined by PERS. c) During the period immediately preceding a request for a reduction in work assignment, the classified employee shall have been employed full-time in a classified position for a total of at least five (5) years without a break in service. Break shall be defined for purposes of this section as an actual termination of employment. d) The option of part-time employment shall be exercised at the request of the classified employee and can be revoked only with the mutual consent of the employer and the classified employee. Should the employee elect to return to full-time status, with the District's consent,, during the term of the five (5)-year program or at the end of the fifth year at the employee's choice, the employee shall have bumping rights to ensure his/her return to the same FTE in the classification held by the employee prior to taking a reduced work assignment. e) Employees shall be paid a salary, which is a pro-rated share of the salary he or she would have been earning had he or she not elected to exercise the option of part-time employment. The employee shall retain all other rights and benefits to which he or she was entitled as long as he or she continues to make the payment that would be required if he or she had remained in full-time status. f) The minimum part-time employment shall be equivalent to one-half (½) of the employee's FTE at the time the employee applies for reduced work assignment. g) The period of part-time classified employment shall not exceed five

Appears in 1 contract

Samples: Collective Bargaining Agreement

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