Program Implementation. The retirement benefit stipend shall be payable not later than the July 31st after the final school year. The limit on the number of employees eligible for this program in any single year is two (2). In the event that more than the specified numbers apply, the plan shall be limited to the most senior applicants. The District shall determine seniority by years of service in the Ashland School District, then by the date of hire of the employee.
Appears in 5 contracts
Samples: Master Agreement, Master Agreement, Master Agreement
Program Implementation. The retirement benefit stipend shall be payable not later than the July 31st after the final school year. The limit on the number of employees eligible for this program in any single year is two (2). In the event that more than the specified numbers number apply, the plan shall be limited to the most senior applicants. The District shall determine seniority by years of service in the Ashland School District, then by the date of hire of the employee. The District may, at its discretion, approve additional applications for the program.
Appears in 1 contract
Samples: Master Agreement