Common use of Retired Service Partial Retirement Plan Clause in Contracts

Retired Service Partial Retirement Plan. 23.1.1 It shall be the policy of the District to permit faculty members of the District, with the approval of the Superintendent/President, to reduce their workload from full-time to no less than 50% time and have benefits based on full-time employment. The approval shall be in accordance with the provisions of this article and applicable provisions of the Education Code. 23.1.2 To qualify for this program, the faculty member (a) shall have completed ten (10) years of prior full-time service with the District with sabbatical leaves being counted as full-time employment, and (b) shall have attained the age of 55 prior to the beginning of the semester in which the reduction in service begins. It shall be the faculty member's responsibility to initiate the request for reduced service. 23.1.3 The agreement for reduced service must be initiated by the faculty member prior to April 1st and the agreement shall be executed by the faculty member and the District in writing each year prior to May 1. Exceptions may be made for the mutual benefit of the faculty member and the District. The agreement can be revoked or extended only with the mutual consent of the faculty member and the District. 23.1.4 If, at the end of the ten (10) year maximum period of reduced service, the faculty member wishes to continue employment, the faculty member is guaranteed no less than the reduced part-time employment. If the faculty member chooses part-time, the faculty member would receive only the same percentage of credit toward retirement for which the faculty member is under contract. The faculty member may return to full-time employment subject to District agreement. 23.1.5 A one-half time schedule could, with the approval of the District, be either full-time for one semester and no duties during the other semester, or a half-time teaching load, which does not necessarily require daily presence on campus, throughout both semesters. 23.1.6 The faculty member shall be paid a salary which is the pro-rata share of the salary the faculty member would be earning had the faculty member not elected to exercise the options of part-time benefits for which the faculty member of the District makes the payments, including those as provided in Sections 53201 of the Government Code, that would be required if the faculty member remained in full-time employment. 23.1.7 The faculty member, who is employed on a part-time basis, and the District agree to contribute to the Teacher's Retirement Fund the amount that would have been contributed if the faculty member were employed on a full-time basis. 23.1.8 Full retirement credit is not earned until the end of the full school term or full school year. Participants who terminate prior to concluding periods will receive retirement credit based on the salary actually paid in the proportion that it related to the annual salary that would have been paid had the employment continued. 23.1.9 All rights mandated by law and additional benefits which may be granted by the District to its certificated employees shall be applicable to any and all such faculty members who are on contract for reduced service. 23.1.10 None of these provisions shall be in conflict with Chapter 1367 of the Statutes of 1974.

Retired Service Partial Retirement Plan. 23.1.1 It shall be the policy of the District to permit faculty members of the District, with the approval of the Superintendent/President, to reduce their workload from full-time to no less than 50% time and have benefits based on full-time employment. The approval shall be in accordance with the provisions of this article and applicable provisions of the Education Code. 23.1.2 . To qualify for this program, the faculty member (a) shall have completed ten (10) years of prior full-time service with the District with sabbatical leaves being counted as full-time employment, and (b) shall have attained the age of 55 prior to the beginning of the semester in which the reduction in service begins. It shall be the faculty member's responsibility to initiate the request for reduced service. 23.1.3 . The agreement for reduced service must be initiated by the faculty member prior to April 1st and the agreement shall be executed by the faculty member and the District in writing each year prior to May 1. Exceptions may be made for the mutual benefit of the faculty member and the District. The agreement can be revoked or extended only with the mutual consent of the faculty member and the District. 23.1.4 . If, at the end of the ten (10) year maximum period of reduced service, the faculty member wishes to continue employment, the faculty member is guaranteed no less than the reduced part-time employment. If the faculty member chooses part-time, the faculty member would receive only the same percentage of credit toward retirement for which the faculty member is under contract. The faculty member may return to full-time employment subject to District agreement. 23.1.5 . A one-half time schedule could, with the approval of the District, be either full-time for one semester and no duties during the other semester, or a half-time teaching load, which does not necessarily require daily presence on campus, throughout both semesters. 23.1.6 . The faculty member shall be paid a salary which is the pro-rata share of the salary the faculty member would be earning had the faculty member not elected to exercise the options of part-time benefits for which the faculty member of the District makes the payments, including those as provided in Sections 53201 of the Government Code, that would be required if the faculty member remained in full-time employment. 23.1.7 . The faculty member, who is employed on a part-time basis, and the District agree to contribute to the Teacher's Retirement Fund the amount that would have been contributed if the faculty member were employed on a full-time basis. 23.1.8 . Full retirement credit is not earned until the end of the full school term or full school year. Participants who terminate prior to concluding periods will receive retirement credit based on the salary actually paid in the proportion that it related to the annual salary that would have been paid had the employment continued. 23.1.9 . All rights mandated by law and additional benefits which may be granted by the District to its certificated employees shall be applicable to any and all such faculty members who are on contract for reduced service. 23.1.10 . None of these provisions shall be in conflict with Chapter 1367 of the Statutes of 1974. No matter what prorated amount, faculty who are on Reduced Service Partial Retirement Plan will participate in all of the required mandatory flex days per year. Faculty who are on Reduced Service Partial Retirement Plan will do a prorated amount of office/desk hours, variable flex and district service activities hours equal to the percentage of their plan (i.e., a faculty member who is on a 60% service partial retirement plan would do the following: 3 office/desks hours per week, 3 days of variable flex per year (6 variable flex days minus the 3 mandatory days), and 51 district service activities hours per semester. Faculty who are on Reduced Service Partial Retirement Plan will be exempt from 17.19.3 article of the contract.