Common use of Pre-Retirement Reduced Service Option Clause in Contracts

Pre-Retirement Reduced Service Option. 12.3.1. Effective 2001-2002, employees who qualify under the terms of this article may reduce their workload from full to part-time, with retirement benefits (STRS) based on full-time employment. Retirement to STRS must be immediately following the conclusion of this, unless the District and AEA mutually agree otherwise. 12.3.1.1. A maximum of three (3) unit members from each school site may be enrolled in the pre- retirement program at the same time. Members will be approved in the order of their written application. 12.3.1.2. The employee must have reached the age of 55. 12.3.1.3. The employee must have been employed full-time in positions requiring certification for at least ten (10) years, of which the immediately preceding five (5) years were full time. 12.3.1.4. Applications must be received by Human Resources no later than April 30th of the school year preceding participation in the program. 12.3.1.5. Applicants will be informed of their acceptance into the program no later than June 15th of the school year preceding participation in the program. 12.3.1.6. The District and the employee will make the contribution required by full-time employees to the State Teachers’ Retirement System (STRS). 12.3.1.7. The option of part-time employment can be exercised at the request of the employee and can be revoked only with the mutual consent of the employer and the employee. 12.3.1.8. The employee shall be paid a salary which is the pro rata share of the salary he or she would be earning had the employee not elected to exercise the option of part-time employment 12.3.1.9. The employee shall retain all other rights and benefits for which the employee makes the payments that would be required if the employee remained in full-time employment. 12.3.1.10. The employee shall receive health and dental benefits as provided full-time employees by the District and by law. 12.3.1.11. The minimum part-time employment shall be .6 FTE (60%) or greater. 12.3.1.12. STRS regulations shall be followed. 12.3.1.13. The employee shall accrue sick leave on a pro rata basis. 12.3.1.14. Employees who enter the pre-retirement reduced service option may continue for up to three (3) years. 12.3.1.15. For each full year on the pre-retirement reduced service option the employee (only those having been employed fewer than 15 years in the Acalanes Union High School District) shall forfeit one year of retirement medical benefits. 12.3.1.16. Employees electing pre-retirement options prior to January 1, 2001 are subject to the stipulations of the contract agreement agreed to by the District and the Association at the time of their election.

Pre-Retirement Reduced Service Option. 12.3.1. Effective 2001-2002, employees who qualify under the terms of this article may reduce their workload from full to part-time, with retirement benefits (STRS) based on full-time employment. Retirement to STRS must be immediately following the conclusion of this, unless the District and AEA mutually agree otherwise. 12.3.1.1. A maximum of three (3) 13 unit members from each school site AUHSD may be enrolled in the pre- pre-retirement program at the same time. Requests are due March 1st. Members will be approved in the order of their written application. 12.3.1.2. The employee must have reached the age of 55. 12.3.1.3. The employee must have been employed full-time in positions requiring certification for at least ten (10) years, of which the immediately preceding five (5) years were full time. 12.3.1.4. Applications must be received by Human Resources no later than April 30th of the school year preceding participation in the program. 12.3.1.5. Applicants will be informed of their acceptance into the program no later than June 15th of the school year preceding participation in the program. 12.3.1.6. The District and the employee will make the contribution required by full-time employees to the State Teachers’ Retirement System (STRS). 12.3.1.7. The option of part-time employment can be exercised at the request of the employee and can be revoked only with the mutual consent of the employer and the employee. 12.3.1.8. The employee shall be paid a salary which is the pro rata share of the salary he or she would be earning had the employee not elected to exercise the option of part-time employment 12.3.1.9. The employee shall retain all other rights and benefits for which the employee makes the payments that would be required if the employee remained in full-time employment. 12.3.1.10. The employee shall receive health and dental benefits as provided full-time employees by the District and by law. 12.3.1.11. The minimum part-time employment shall be .6 FTE (60%) or greater. 12.3.1.12. STRS regulations shall be followed. 12.3.1.13. The employee shall accrue sick leave on a pro rata basis. 12.3.1.14. Employees who enter the pre-retirement reduced service option may continue for up to three (3) years. 12.3.1.15. For each full year on the pre-retirement reduced service option the employee (only those having been employed fewer than 15 years in the Acalanes Union High School District) shall forfeit one year of retirement medical benefits. 12.3.1.16. Employees electing pre-retirement options prior to January 1, 2001 are subject to the stipulations of the contract agreement agreed to by the District and the Association at the time of their election.

Pre-Retirement Reduced Service Option. 12.3.1. Effective 2001-2002, employees who qualify under the terms of this article may reduce their workload from full to part-time, with retirement benefits (STRS) based on full-time employment. Retirement to STRS must be immediately following the conclusion of this, unless the District and AEA mutually agree otherwise. 12.3.1.1. A maximum of three (3) unit members from each school site (except Del Oro shall be one) may be enrolled in the pre- pre-retirement program at the same time. Members will be approved in the order of their written application. 12.3.1.2. The employee must have reached the age of 55. 12.3.1.3. The employee must have been employed full-time in positions requiring certification for at least ten (10) years, of which the immediately preceding five (5) years were full time. 12.3.1.4. Applications must be received by Human Resources no later than April 30th of the school year preceding participation in the program. 12.3.1.5. Applicants will be informed of their acceptance into the program no later than June 15th of the school year preceding participation in the program. 12.3.1.6. The District and the employee will make the contribution required by full-time employees to the State Teachers’ Retirement System (STRS). 12.3.1.7. The option of part-time employment can be exercised at the request of the employee and can be revoked only with the mutual consent of the employer and the employee. 12.3.1.8. The employee shall be paid a salary which is the pro rata share of the salary he or she would be earning had the employee not elected to exercise the option of part-time employment 12.3.1.9. The employee shall retain all other rights and benefits for which the employee makes the payments that would be required if the employee remained in full-time employment. 12.3.1.10. The employee shall receive health and dental benefits as provided full-time employees by the District and by law. 12.3.1.11. The minimum part-time employment shall be .6 FTE (60%) or greater. 12.3.1.12. STRS regulations shall be followed. 12.3.1.13. The employee shall accrue sick leave on a pro rata basis. 12.3.1.14. Employees who enter the pre-retirement reduced service option may continue for up to three (3) years. 12.3.1.15. For each full year on the pre-retirement reduced service option the employee (only those having been employed fewer than 15 years in the Acalanes Union High School District) shall forfeit one year of retirement medical benefits. 12.3.1.16. Employees electing pre-retirement options prior to January 1, 2001 are subject to the stipulations of the contract agreement agreed to by the District and the Association at the time of their election.