Common use of Pay Options Clause in Contracts

Pay Options. Teachers may elect to receive their regular salary in one of three options: a. Twenty-one (21) installments as determined by the district based on the length of the School Calendar with the biweekly payment except for the last payment on the final teaching day. b. Twenty-six (26) installments, with a lump sum prior to June 30. c. Twenty-six (26) installments– one twenty-sixth (1/26) of the contract salary to be paid in equal installments throughout the fiscal year.

Appears in 7 contracts

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

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