Procedure for Determining Early Separation Benefit. 1. Determine the number of years of experience in USD 500. Locate the horizontal row headed by that number. If it is less than seventeen, it does not qualify. If it is greater than thirty-five, use the "35" row. 2. Determine the number of years of experience in districts other than USD 500. Credit will be given for no more than eight years outside the district. The maximum total credit shall be thirty-five years. 3. The intersection of the "USD 500" row with the "other" column is the experience factor. 4. Multiply the experience factor times the total annual salary. Divide the product by twelve to find the month benefit. (See Experience Factor Table)
Appears in 4 contracts
Samples: Employment Agreement, Employment Agreement, Employment Agreement
