Planning for Retirement Sample Clauses

Planning for Retirement. At retirement, an Employee may request to work his/her final twelve (12) months of employment without vacation in order to be eligible for pay in lieu of vacation. The maximum pay in lieu of vacation is thirty (30) days.
Sample 1Sample 2Sample 3
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Planning for Retirement. Once you begin thinking about retirement, schedule an appointment with CalPERS to review your expected benefit and begin planning a retirement date. Generally, retiring just before the end of the calendar year is advantageous as CalPERS increases pension rates by a set percentage at the end of each calendar year. Also note that CEMA retirees are able to join the CEMA Retiree Chapter for a small annual fee. Refer to xxx.xxxxxx.xxx/xxxxxxx_xxxxxxxxx for more information. Questions? For any questions regarding your individual retirement or CalPERS formula, CalPERS is extremely helpful and schedules individual, virtual appointments with members through their website: xxxxxxx.xx.xxx For general questions, reach out to your CEMA Business Agent.
Sample 1
Planning for Retirement. Any certified employee planning to retire must notify the school district no later than September 1st of the year they plan to retire. If notification is not given to the district prior to that date, the certified employee will not legally be able to become a working retiree during the following year.
Sample 1

Related to Planning for Retirement

  • Transition to Retirement 24.1 An Employee may advise their Employer in writing of their intention to retire within the next five years and participate in a retirement transition arrangement.

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Deferred Retirement a. An employee who, upon separation from County service, is eligible for paid retirement and elects deferred retirement must defer participation in the Grant until such time as he or she becomes an active retiree.

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

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