Common use of Pre-Retirement Program Clause in Contracts

Pre-Retirement Program. 3.7.1 Full-time faculty approaching retirement who are members of the State Teachers’ Retirement System may apply for partial employment for up to five (5) years immediately preceding final retirement. In order to participate in this program, employees must meet the following requirements: 3.7.1.1 The employee must have been a faculty member of the District for at least ten (10) years of which the immediately preceding five (5) years were full-time employment as defined by the State Teachers’ Retirement System (STRS). 3.7.1.2 When beginning the program, the employee must be at least fifty-five (55) years of age. 3.7.1.3 At the time of electing to be partially employed, the employee must submit a letter requesting his/her full retirement and agreeing to terminate his/her services with the District at the conclusion of the pre-retirement program. This agreement of full retirement and termination shall be irrevocable except at the discretion of the Board. 3.7.1.4 The initial load of any employee who elects to accept partial employment under this pre-retirement program may only be increased by mutual agreement and at the District’s discretion. 3.7.2 Participation in the pre-retirement program requires a reduction in the faculty employee’s work assignment and a pro-rata reduction in the yearly contract salary. The minimum assignment shall be one-half (1/2) the number of days of service required by the faculty employee’s yearly contract for the last year of full-time employment. Participants in the pre- retirement program shall receive his/her assignment in a manner similar to that of full-time faculty employees and participate as though part of the full-time staff. This participation shall include maintaining on the days of assignment a proportionate share of the normal workload and responsibilities of faculty employees. 3.7.3 Standard District-paid benefits shall be maintained for participants in the pre-retirement program as though they were full-time employees, including District contributions to the State Teachers’ Retirement System equal to the amount that would have been contributed had the faculty employee remained in full-time employment. Optional benefit plans may be continued with the employee making required payments not otherwise paid by the District. 3.7.4 Eligible faculty employees may apply for the pre-retirement program by contacting the District Human Resources Office. Applications must be received by March 1 for the fall semester. The pre-retirement program agreement must begin in the fall semester and be for complete school years, up to a maximum of five years. 3.7.5 Faculty employees participating in the program may be assigned, at District discretion, any combination of fall and spring semester assignments that is equal to or more than fifty percent (50%) of a full-time load over the course of an academic year. 3.7.6 A pre-retirement program participant shall make payments for his/her share of retirement contributions and fringe benefits and any optional benefits via payroll deduction or direct payment as arranged with the District Business Services Office.

Pre-Retirement Program. 3.7.1 Full-time faculty approaching retirement who are members of the State Teachers’ Retirement System may apply for partial employment for up to five (5) years immediately preceding final retirement. In order to participate in this program, employees must meet the following requirements: 3.7.1.1 The employee must have been a faculty member of the District for at least ten (10) years of which the immediately preceding five (5) years were full-time employment as defined by the State Teachers’ Retirement System (STRS). 3.7.1.2 When beginning the program, the employee must be at least fifty-five (55) years of age. 3.7.1.3 At the time of electing to be partially employed, the employee must submit a letter requesting his/her full retirement and agreeing to terminate his/her services with the District at the conclusion of the pre-retirement program. This agreement of full retirement and termination shall be irrevocable except at the discretion of the Board. 3.7.1.4 The initial load of any employee who elects to accept partial employment under this pre-retirement program may only be increased by mutual agreement and at the District’s discretion. 3.7.2 Participation in the pre-retirement program requires a reduction in the faculty employee’s work assignment and a pro-rata reduction in the yearly contract salary. The minimum assignment shall be one-one- half (1/2) the number of days of service required by the faculty employee’s yearly contract for the last year of full-time employment. Participants in the pre- pre-retirement program shall receive his/her assignment in a manner similar to that of full-time faculty employees and participate as though part of the full-time staff. This participation shall include maintaining on the days of assignment a proportionate share of the normal workload and responsibilities of faculty employees. 3.7.3 Standard District-paid benefits shall be maintained for participants in the pre-retirement program as though they were full-time employees, including District contributions to the State Teachers’ Retirement System equal to the amount that would have been contributed had the faculty employee remained in full-time employment. Optional benefit plans may be continued with the employee making required payments not otherwise paid by the District. 3.7.4 Eligible faculty employees may apply for the pre-retirement program by contacting the District Human Resources Office. Applications must be received by March 1 for the fall semester. The pre-pre- retirement program agreement must begin in the fall semester and be for complete school years, up to a maximum of five years. 3.7.5 Faculty employees participating in the program may be assigned, at District discretion, any combination of fall and spring semester assignments that is equal to or more than fifty percent (50%) of a full-time load over the course of an academic year. 3.7.6 A pre-retirement program participant shall make payments for his/her share of retirement contributions and fringe benefits and any optional benefits via payroll deduction or direct payment as arranged with the District Business Services Office.

Pre-Retirement Program. 3.7.1 Full-time faculty employees approaching retirement who are members of the State Teachers’ Retirement System may apply for partial employment for up to five (5) three years immediately preceding final retirement. In order to participate in this program, employees must meet the following requirements: 3.7.1.1 The employee must have been a faculty member of the District for at least ten (10) years of which the immediately preceding five (5) years were full-time employment as defined by the State Teachers’ Retirement System (STRS). 3.7.1.2 When beginning the program, the employee must be at least fifty-five (55) 55 years of age. 3.7.1.3 At the time of electing to be partially employed, the employee must submit a letter requesting his/her full retirement and agreeing to terminate his/her services with the District at the conclusion of the pre-pre- retirement program. This agreement of full retirement and termination shall be irrevocable except at the discretion of the Board. 3.7.1.4 The initial load Board of any employee who elects to accept partial employment under this pre-retirement program may only be increased by mutual agreement and at the District’s discretionTrustees. 3.7.2 Participation in the pre-retirement program requires a reduction in the faculty employee’s work assignment and a pro-pro rata reduction in the yearly contract salary. The minimum assignment shall be one-half (1/2) the number of days of service required by the faculty employee’s yearly contract for the last year of full-time employment. Participants in the pre- pre-retirement program shall receive his/her assignment their assignments in a manner similar to that of full-time faculty employees and participate as though part of the full-time staff. This participation shall include maintaining on the days of assignment a proportionate share of the normal workload and responsibilities of faculty employeesemployee. 3.7.3 Standard District-paid benefits shall be maintained for participants in the pre-retirement program as though they were full-time employees, including District contributions to the State Teachers’ Retirement System equal to the amount that which would have been contributed had the faculty employee remained in full-time employment. Optional benefit plans may be continued with by the employee making required payments not otherwise paid by the District. 3.7.4 Eligible faculty employees may apply for the pre-retirement program by contacting the District Human Resources Personnel Office. Applications must be received by March 1 for the fall semester or by September 15 for the spring semester. The pre-retirement program agreement must begin in the fall semester and be for complete school years, up to a maximum of five years. 3.7.5 Faculty employees participating in the program may be assigned, at District discretion, any combination of fall as a minimum: 3.7.5.1 100 percent one semester and spring semester assignments that is equal to or more than fifty 0 percent (50%) of a full-time load over the course of an academic yearsecond semester. 3.7.6 A pre-retirement program participant shall make payments for his/her share of retirement contributions and fringe benefits and any optional benefits via payroll deduction or direct payment as arranged with the District Business Services Office.

Pre-Retirement Program. 3.7.1 Full-time faculty approaching retirement who are members of the State Teachers’ Retirement System may apply for partial employment for up to five (5) years immediately preceding final retirement. In order to participate in this program, employees must meet the following requirements: 3.7.1.1 The employee must have been a faculty member of the District for at least ten (10) years of which the immediately preceding five (5) years were full-time employment as defined by the State Teachers’ Retirement System (STRS). 3.7.1.2 When beginning the program, the employee must be at least fifty-five (55) years of age. 3.7.1.3 At the time of electing to be partially employed, the employee must submit a letter requesting his/her full retirement and agreeing to terminate his/her services with the District at the conclusion of the pre-retirement program. This agreement of full retirement and termination shall be irrevocable except at the discretion of the Board. 3.7.1.4 The initial load of any employee who elects to accept partial employment under this pre-retirement program may only be increased by mutual agreement and at the District’s discretion. 3.7.2 Participation in the pre-retirement program requires a reduction in the faculty employee’s work assignment and a pro-rata reduction in the yearly contract salary. The minimum assignment shall be one-half (1/2) the number of days of service required by the faculty employee’s yearly contract for the last year of full-time employment. Participants in the pre- retirement program shall receive his/her assignment in a manner similar to that of full-time faculty employees and participate as though part of the full-time staff. This participation shall include maintaining on the days of assignment a proportionate share of the normal workload and responsibilities of faculty employees. 3.7.3 Standard District-paid benefits shall be maintained for participants in the pre-retirement program as though they were full-time employees, including District contributions to the State Teachers’ Retirement System equal to the amount that would have been contributed had the faculty employee remained in full-time employment. Optional benefit plans may be continued with the employee making required payments not otherwise paid by the District. 3.7.4 Eligible faculty employees may apply for the pre-retirement program by contacting the District Human Resources Office. Applications must be received by March 1 for the fall semester or by September 15 for the spring semester. The pre-retirement program agreement must begin in the fall semester and be for complete school years, up to a maximum of five years. 3.7.5 Faculty employees participating in the program may be assigned, at District discretion, any combination of fall and spring semester assignments that is equal to or more than fifty percent (50%) of a full-time load over the course of an academic year. 3.7.6 A pre-retirement program participant shall make payments for his/her share of retirement contributions and fringe benefits and any optional benefits via payroll deduction or direct payment as arranged with the District Business Services Office.