Common use of RESIGNATIONS/RETIREMENT Clause in Contracts

RESIGNATIONS/RETIREMENT. 47:01 A member may terminate her/his employment by resignation or retirement normally, with six (6) months written notice to the Xxxxxxx, only on December 31 or June 30 of the academic year. (a) A member currently employed by the University or on leave whose original date of employment with the University was on or before September 1, 1970 shall be entitled to resign, retire or otherwise separate from the University on August 31 in the year of such resignation, retirement or separation provided that in the event of a resignation or other separation a written notice of intent is given on or before the preceding December 31. (b) A member currently employed by the University, or on leave, who was hired on a September 1 basis between the years 1970-1975 shall be entitled to resign or retire on August 31 in the year in which the member attains age 65, provided that the member gives six (6) months written notice. The parties agree that no hiring on a September 1 basis was made after 1975. (c) By mutual consent of the member and the University, a member may retire at any time during an academic year following her/his fifty-fifth (55th) birthday. 47:03 A faculty member who has been assigned a teaching load in a summer semester may terminate her/his employment by resignation or retirement on the following dates only: December 31, April 30 or August 31 with six (6) months written notice.

RESIGNATIONS/RETIREMENT. 47:01 A member may terminate her/his their employment by resignation or retirement normally, with six (6) months written notice to the Xxxxxxx, only on December 31 or June 30 of the academic year. (a) A member currently employed by the University or on leave whose original date of employment with the University was on or before September 1, 1970 shall be entitled to resign, retire or otherwise separate from the University on August 31 in the year of such resignation, retirement or separation provided that in the event of a resignation or other separation a written notice of intent is given on or before the preceding December 31. (b) A member currently employed by the University, or on leave, who was hired on a September 1 basis between the years 1970-1975 shall be entitled to resign or retire on August 31 in the year in which the member attains age 65, provided that the member gives six (6) months written notice. The parties agree that no hiring on a September 1 basis was made after 1975. (c) By mutual consent of the member and the University, a member may retire at any time during an academic year following her/his the member’s fifty-fifth (55th) birthday. 47:03 A faculty member who has been assigned a teaching load in a summer semester may terminate her/his their employment by resignation or retirement on the following dates only: December 31, April 30 or August 31 with six (6) months written notice.