Common use of Requirements for Eligibility Clause in Contracts

Requirements for Eligibility. 1. The teacher must have at least 10 years of full-time service as a certified employee in the School District. 2. The teacher must submit an irrevocable letter of retirement to the Superintendent by April 1, prior to the school year in which benefits will begin under this program. Any individual who submits their irrevocable letter of retirement by this date will receive the applicable retirement incentives. At the submission of the letter of retirement, the teacher shall submit a TRS statement of benefits or documentation confirming the teacher’s total years of service and creditable earnings. 3. The employee must be at least 54 ½ years old and be eligible to receive a TRS retirement benefit at the time of the effective date listed in the irrevocable letter of retirement. 4. Any employee already receiving the 6% benefit, will not be eligible for additional TRS retirement incentives, should those incentives create a cost for the District. 5. The Board will not be obligated to pay a penalty imposed by TRS due to the teacher’s salary exceeding the TRS cap if the teacher retires any time after submitting his/her letter of retirement. For example, a teacher who received a salary increase greater than 6% in the three years prior to the year the retirement benefits provided under this Section would begin would not be eligible for the retirement benefits. 6. The teacher shall not have received a retirement benefit pursuant to a prior collective bargaining agreement.

Requirements for Eligibility. 1. a. The teacher must have at least 10 15 years of full-time service as a certified employee in the School District. 2. b. The teacher must submit an irrevocable letter of retirement to the Superintendent by April March 1, prior to the school year in which benefits will begin under this program. Any individual who submits their irrevocable letter of retirement by this date will receive the applicable retirement incentives. At the submission of the letter of retirement, the teacher shall submit a TRS statement of benefits or documentation confirming the teacher’s total years of service and creditable earnings. In order to be eligible for this benefit, a teacher must submit a letter of irrevocable retirement no later than March 1, 2022 with an effective retirement date of June 30, 2026. 3. c. The employee teacher must be at least 54 ½ 55 years old and be eligible to receive a TRS retirement benefit without any additional expense by the Board at the time of the effective date listed in the irrevocable letter of retirement. 4. Any employee already receiving d. The teacher would not cause the 6% benefit, will not be eligible for additional TRS retirement incentives, should those incentives create a cost for the District. 5. The Board will not be obligated to pay a penalty imposed by TRS due to the teacher’s salary exceeding the TRS cap if the teacher retires would retire any time after submitting his/her letter of retirement. For example, a teacher who received a salary increase greater than 6% in one or more of the three years prior to the year the retirement benefits provided under this Section Paragraph B would begin would not be eligible for the retirement benefits.benefits under Paragraph B, C, and D. 6. e. The teacher shall not have received a retirement benefit pursuant to a prior collective bargaining agreement.

Requirements for Eligibility. 1. a. The teacher must have at least 10 15 years of full-time service as a certified employee in the School District. 2. i. Staff members who submit their retirement during the 2015-2016 and 2016- 2017 school year will be deemed eligible if they have at least 12 years of full- time service as a certified employee in the School District. b. The teacher must submit an irrevocable letter of retirement to the Superintendent by April March 1, prior to the school year in which benefits will begin under this program. Any individual who submits their irrevocable letter of retirement by this date will receive the applicable retirement incentives. At the submission of the letter of retirement, the teacher shall submit a TRS statement of benefits or documentation confirming the teacher’s total years of service and creditable earnings.. In order to be eligible for this benefit, a teacher must submit a letter of irrevocable retirement no later than March 1, 2018 with an effective retirement date of June 30, 2022. (date revised from 2021 to 2022) 3. c. The employee teacher must be at least 54 ½ 55 years old and be eligible to receive a TRS retirement benefit without any additional expense by the Board at the time of the effective date listed in the irrevocable letter of retirement. 4. Any employee already receiving d. The teacher would not cause the 6% benefit, will not be eligible for additional TRS retirement incentives, should those incentives create a cost for the District. 5. The Board will not be obligated to pay a penalty imposed by TRS due to the teacher’s salary exceeding the TRS cap if the teacher retires would retire any time after submitting his/her letter of retirement. For example, a teacher who received a salary increase greater than 6% in one or more of the three years prior to the year the retirement benefits provided under this Section Paragraph B would begin would not be eligible for the retirement benefits.benefits under Paragraph B, C, and D. 6. e. The teacher shall not have received a retirement benefit pursuant to a prior collective bargaining agreement.