Common use of Resignation/Retirement Options Clause in Contracts

Resignation/Retirement Options. Eligible members may choose one of the following three (3) early resignation/retirement options. Choice of option must be indicated at time of original retirement notice, and no changes shall be made in the selection of an option after the final date of notification to the Board as noted in Section 15.2. The maximum liability to the Board for each eligible member for each of the options shall not exceed the amount available under Section 15.31

Appears in 4 contracts

Samples: Public Employee Relations Contract, Public Employee Relations Contract, Public Employee Relations Contract

AutoNDA by SimpleDocs

Resignation/Retirement Options. Eligible members may choose one of the following three (3) early resignation/retirement options. Choice of option must be indicated at time of original retirement notice, and no changes shall be made in the selection of an option after the final date of notification to the Board as noted in Section 15.2. The maximum liability to the Board for each eligible member for each of the options shall not exceed the amount available under Section 15.31in

Appears in 1 contract

Samples: Public Employee Relations Contract

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!