Common use of PAY FOR UNUSED INDIVIDUAL ROLL BANK DAYS Clause in Contracts

PAY FOR UNUSED INDIVIDUAL ROLL BANK DAYS. 6.43 Effective with the 2013-14 school year, employees will be compensated $50 per day for each Individual Roll Bank day remaining in their bank upon resignation for the purposes of retirement. (The final year of the employee’s service in the district will be added to the final Individual Roll Bank calculation for the purposes of this payout.) This payout will be made into a 403(b) for the employee.

Appears in 1 contract

Samples: Non Vested Employees

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PAY FOR UNUSED INDIVIDUAL ROLL BANK DAYS. 6.43 Effective with the 2013-14 school year, employees will be compensated $50 per day for each Individual Roll Bank day remaining in their bank upon resignation for the purposes of retirement. (The final year of the employee’s service in the district will be added to the final Individual Roll Bank calculation for the purposes of this payout.) This payout will be made into a 403(b) for the employee.employee.‌

Appears in 1 contract

Samples: Master Agreement

PAY FOR UNUSED INDIVIDUAL ROLL BANK DAYS. 6.43 ‌ (301) Effective with the 2013-14 school year, employees teachers will be compensated $50 per day for each Individual Roll Bank day remaining in their bank upon resignation for the purposes of retirement. (The final year of the employee’s service in the district will be added to the final Individual Roll Bank calculation for the purposes of this payout.) This payout will be made into a 403(b) for the employee.teacher.‌

Appears in 1 contract

Samples: Master Agreement

PAY FOR UNUSED INDIVIDUAL ROLL BANK DAYS. 6.43 (295) Effective with the 2013-14 school year, employees teachers will be compensated $50 per day for each Individual Roll Bank day remaining in their bank upon resignation for the purposes of retirement. (The final year of the employee’s service in the district will be added to the final Individual Roll Bank calculation for the purposes of this payout.) This payout will be made into a 403(b) for the employeeteacher.

Appears in 1 contract

Samples: Master Agreement

PAY FOR UNUSED INDIVIDUAL ROLL BANK DAYS. 6.43 (295) Effective with the 2013-14 school year, employees teachers will be compensated $50 per day for each Individual Roll Bank day remaining in their bank upon resignation for the purposes of retirement. (The final year of the employee’s service in the district will be added to the final Individual Roll Bank calculation for the purposes of this payout.) This payout will be made into a 403(b) for the employee.teacher. E ARLY NOTIFICATION STIPEND

Appears in 1 contract

Samples: www.gpschools.org

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PAY FOR UNUSED INDIVIDUAL ROLL BANK DAYS. 6.43 (314) Effective with the 2013-14 school year, employees teachers will be compensated $50 per day for each Individual Roll Bank day remaining in their bank upon resignation for the purposes of retirement. (The final year of the employee’s service in the district will be added to the final Individual Roll Bank calculation for the purposes of this payout.) This payout will be made into a 403(b) for the employeeteacher.

Appears in 1 contract

Samples: Master Agreement

PAY FOR UNUSED INDIVIDUAL ROLL BANK DAYS. 6.43 (301) Effective with the 2013-14 school year, employees teachers will be compensated $50 per day for each Individual Roll Bank day remaining in their bank upon resignation for the purposes of retirement. (The final year of the employee’s service in the district will be added to the final Individual Roll Bank calculation for the purposes of this payout.) This payout will be made into a 403(b) for the employee.teacher.‌

Appears in 1 contract

Samples: Master Agreement

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