Reimbursement for Unused Sick Days. The Employer agrees to reimburse Employees who retire under the provisions of the Public School Employees’ Retirement System, so long as the Employee provides the District 90 calendar days’ notice of retirement. This requirement will not apply if the retirement is a disability retirement. The reimbursement will be at one-third of the Employee’s full-time per diem rate per unused sick day up to a maximum of one hundred thirty-five (135) days. The Employer shall contribute this reimbursement as a nonelective contribution to the Employee’s tax sheltered annuity 403(b) plan and 457(b) plan as permitted by law.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Reimbursement for Unused Sick Days. The Employer agrees to reimburse Employees who retire under the provisions of the Public School Employees’ Retirement System, so long as the Employee provides the District 90 calendar days’ notice of retirement. This requirement will not apply if the retirement is a disability retirement. The reimbursement will be at one-third of the Employee’s full-time per diem rate per unused sick day up to a maximum of one hundred thirty-five (135) daysdays thereafter. The Employer shall contribute this reimbursement as a nonelective contribution to the Employee’s tax sheltered annuity 403(b) plan and 457(b) plan as permitted by law.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Reimbursement for Unused Sick Days. The Employer agrees to reimburse Employees who retire under the provisions of the Public School Employees’ Retirement System, so long as the Employee provides the District 90 calendar days’ days notice of retirement. This requirement will not apply if the retirement is a disability retirement. The reimbursement will be at one-third of the Employee’s full-time per diem rate per unused sick day up to a maximum of one hundred thirty-five (135) daysdays thereafter. The Employer shall agrees, at the Employee’s request, to contribute this reimbursement as a nonelective non- elective contribution to in the Employee’s tax sheltered annuity 403(b) plan and 457(b) plan as permitted by law.
Appears in 1 contract
Samples: Collective Bargaining Agreement