Qualifications for Retirement Sample Clauses

Qualifications for Retirement. Conversion To qualify for such payment, the employee must have had, prior to the date of retirement, ten (10) or more years of service with the County, and be eligible to receive PERS benefits. Such payment shall be based on the employee’s hourly rate of pay at the time of retirement. Such payment shall be made only once and shall eliminate all sick leave credit accrued by the employee.
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Qualifications for Retirement. A Teacher, upon retirement, shall be entitled to one hundred dollars ($100) per day for each day of accumulated unused sick leave with the District up to a maximum of eighty (80) days for the duration of this agreement. In order to be eligible for the foregoing benefit, the Teacher must submit proof that he/she has retired under the Michigan Public Schools Employees Retirement System, was under contract with Pennfield Public Schools at the time of retirement and had taught for at least ten (10) consecutive years in Pennfield Public Schools preceding retirement.
Sample 1
Qualifications for Retirement. A Teacher, upon retirement, shall be entitled to $100 per day for each day of accumulated unused sick leave with the District up to a maximum of seventy
Sample 1
Qualifications for Retirement. A bargaining unit member, upon retirement, shall be entitled to $100 per day for each day of accumulated unused sick leave with the District up to a maximum of 70 days for the duration of this agreement. In order to be eligible for the foregoing benefit, the employee must submit proof that he/she has retired under the Michigan Public Schools Employees Retirement System, was under contract with Pennfield Public Schools at the time of retirement and had taught for at least 10 consecutive years in Pennfield Public Schools preceding retirement.
Sample 1

Related to Qualifications for Retirement

  • What Are the Qualifications for Charitable Donations The Pension Protection Act of 2006 allows Xxxx XXX holders who are RMD age or older at the time of a distribution to annually exclude qualified charitable distribution amounts up to $100,000 per year from gross income. The provision was made permanent by the PATH Act of 2015. A qualified charitable distribution must be made payable directly to the qualified charity as described in Section 170(b) of the Internal Revenue Code. Distributions from SEP or SIMPLE IRAs do not qualify for this type of designation.

  • Eligibility; Disqualification This Indenture shall always have a Trustee who satisfies the requirements of TIA Section 310(a)(1), (2) and (5). The Trustee shall always have a combined capital and surplus of at least $25,000,000 as set forth in its most recent published annual report of condition. The Trustee shall comply with TIA Section 310(b).

  • Qualification Criteria The College may offer or an employee may request an early retirement incentive provided the employee meets the following qualifications:

  • Selection Based on Consultants’ Qualifications Services estimated to cost less than $100,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.1, 3.7 and 3.8 of the Consultant Guidelines.

  • Employees - Special Eligibility The following employees are also eligible to participate in the Group Insurance Program:

  • Qualification of the Tenderer 39.1 The Procuring Entity shall determine to its satisfaction whether the Tenderer that is selected as having submitted the lowest evaluated cost and substantially responsive Tender is eligible and meets the qualifying criteria specified in Section III, Evaluation and Qualification Criteria.

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