Common use of Payment for Years of Service Clause in Contracts

Payment for Years of Service. Eligible teachers, upon early retirement, shall receive a payment which is equal to 2.5 days of the teacher’s base daily salary rate for each full year of full-time continuous service to the School District, not to exceed a total of 55 days pay.

Appears in 5 contracts

Samples: Master Agreement, Collective Bargaining Agreement, Master Agreement

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Payment for Years of Service. Eligible teachers, upon early retirement, shall receive a payment which is equal to 2.5 days of the teacher’s base daily salary rate for each full year of full-full- time continuous service to the School District, not to exceed a total of 55 days days’ pay.

Appears in 1 contract

Samples: Master Agreement

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