Resignation or Retirement Notice Incentive. Employees are encouraged to notify the Board as soon as possible of their intention to resign or retire. The Board will pay employees according to the following schedule if their notice of resignation or retirement is received early: If a teacher notifies the district by July 1st that they intend to retire/resign at the end of the following school year, the district will add $1,000 to their final year’s contract. Notification must be accompanied by a retirement/resignation letter that the board would act on at the July meeting. Notice received July 2nd to January 1st $700 Notice received January 1 through January 31. $500 Notice received February 1 through February 28 (29) $200 Notice received March 1 through March 31 $100 Payment will be made no later than the last regular pay date for the employee.
Appears in 4 contracts
Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement
