Common use of Retirement Age Clause in Contracts

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 or at the end of the current year, if the individual is already 58 or older.

Appears in 12 contracts

Samples: Contractual Agreement, Contractual Agreement, Contractual Agreement

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Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 fifty-eight (58) or at the end of the current year, if the individual is already 58 fifty-eight (58) years of age or older.

Appears in 6 contracts

Samples: resources.finalsite.net, resources.finalsite.net, gateway.ifionline.org

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 fifty-eight (58) or at the end of the current year, if the individual is already 58 fifty-eight (58) or older.

Appears in 6 contracts

Samples: Teachers Contract Agreement, Master Contract, Teachers Contract Agreement

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 58, becomes eligible for ISTRF benefits, or at the end of the current year, if the individual is already 58 or older.

Appears in 4 contracts

Samples: Contractual Agreement, Contractual Agreement, Contractual Agreement

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 fifty-nine (59), or at the end of the current school year, if the individual is already 58 age fifty-nine (59) or older. If an employee does continue employment after the attainment of age fifty-nine (59), the employee does continue to receive all ongoing Board contributions to the annuity to which the employee is entitled.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 fifty-eight (58), or at the end of the current school year, if the individual is already 58 age fifty-eight (58) or older. If an employee does continue employment after the attainment of age fifty-eight (58), the employee does continue to receive all ongoing Board contributions to the annuity to which the employee is entitled.

Appears in 2 contracts

Samples: Master Contract, Master Contract

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 fifty-eight (58), provided the teacher meets the requirements of 17.2 above, or at the end of the current year, year if the individual is already 58 age fifty-eight (58) or older.

Appears in 2 contracts

Samples: Contractual Agreement, Contractual Agreement

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 fifty-eight (58), or at the end of the current year, if the individual is already 58 age fifty-eight (58), or older. If an employee continues employment after the attainment of age fifty- eight (58), the employee does continue to receive all ongoing Board contributions to the annuity to which the employee is entitled.

Appears in 2 contracts

Samples: Agreement, Tentative Agreement

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 sixty (60) or at on the end of the current yearcalculation date, if the individual is already 58 then age sixty (60) or older. However, Item v may further limit the number of years of service that are considered in determining an Older Teacher's target benefit.

Appears in 2 contracts

Samples: Tentative Agreement, Tentative Agreement

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Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 fifty-eight (58) or at the end as of the current yearJune 30, 2005, if the individual is already 58 fifty-eight (58) or older.

Appears in 1 contract

Samples: Contractual Agreement

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 fifty-eight (58), or at the end of the current year, if the individual is already 58 age fifty-eight (58), or older. If an employee continues employment after the attainment of age fifty-eight (58), the employee does continue to receive all ongoing Board contributions to the annuity to which the employee is entitled.

Appears in 1 contract

Samples: Agreement

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 fifty-five (55) or at the end of the current year, if the individual is already 58 fifty-five (55) or older.

Appears in 1 contract

Samples: Master Contract

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 fifty-nine (59) or at the end of the current year, if the individual is already 58 fifty-nine (59) or olderolder unless the teacher exercises the Election of Benefit option provided in this Article.

Appears in 1 contract

Samples: www.rbbcsc.k12.in.us

Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 sixty (60) or at on the end of the current yearcalculation date, if the individual is already 58 then age sixty (60) or older. However, Item v may further limit the number of years of service that are considered in determining an Older Teacher’s target benefit.

Appears in 1 contract

Samples: Tentative Agreement

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