RETIREMENT and REHIRING OF TEACHERS Sample Clauses

RETIREMENT and REHIRING OF TEACHERS. Certified personnel who retire from employment may be rehired for full-time or part-time employment on a case-by-case basis. Retired employees may apply for any job position for which they are qualified, but re-hiring by the District cannot be guaranteed and shall not be a condition of retirement. If a retired employee is rehired, the employee will be treated the same as any other new hire under the terms of this Agreement for purposes of credits and years of experience accepted by the District, and participation in the South Dakota Retirement System (SDRS) will be limited by SDRS statutes and rules for program participation by a retired member who reenters SDRS covered employment. Statutory continuing contract status will not be attained until the retired, rehired employee is in the fourth consecutive term of employment as a teacher with the District after date of rehire. For informational purposes only, on and after April 1, 2010, SDRS rules for program participation after reemployment changed significantly. These changes include a minimum period of three consecutive months between the retired member’s effective retirement date and reentry to employment covered by SDRS, together with other changes to member benefits and contributions. Reference is made to S.D.C.L. Ch. 3-12, particularly S.D.C.L. 00-00-000. Any employee considering retirement who also is considering applying for a job position thereafter is encouraged to first consult with South Dakota Retirement System for their program requirements.
Sample 1Sample 2
AutoNDA by SimpleDocs

Related to RETIREMENT and REHIRING OF TEACHERS

  • Resignation and Retirement Any Trustee may resign his trust or retire as a Trustee, by written instrument signed by him and delivered to the other Trustees or to any officer of the Trust, and such resignation or retirement shall take effect upon such delivery or upon such later date as is specified in such instrument.

  • Non-Vested Retirement Gratuity for Teachers 1. The minimum years of service for retirement gratuity shall be defined as the lesser of the contractual minimal service requirement in the 2008-2012 collective agreement, or ten (10) years.

  • Post-Retirement Employment Unit members who retire from the University during the term of this Agreement may propose a post-retirement appointment of up to three years duration. During this post-retirement appointment, the total of retirement benefits and post-retirement salary paid by the University shall not exceed the salary paid at the time of retirement. The annual compensation received from the University for the post-retirement appointment shall not exceed fifty (50) percent of the annual salary at the time of retirement. The duties for a post-retirement appointment shall be defined and agreed to in writing by the bargaining unit member and the Employer/University Administration prior to the bargaining unit member's retirement. Such appointments are at the discretion of the Employer/University Administration and are subject to existing law and all rules and regulations of the State Retirement Board. The decision of the Employer/University Administration not to approve a proposal for a post-retirement appointment shall not be grievable under the Grievance and Arbitration Procedure, Article 7.

  • PENSIONS AND RETIREMENT 13.01(a) All employees enrolled in the Ontario Municipal Retirement System (OMERS) as of January 1, 1998, shall continue to participate in the OMERS plan.

  • Retirement Program Any employee employed prior to October 1, 1977, working at least seventy (70) hours per month shall by law be a member of the Washington Public Employees Retirement system (PERS) Plan One. Any employee working at least seventy (70) hours per month, entering employment on or after October 1, 1977, shall by law be a member of the School Employees Retirement System, Plan Two or Three. The District shall provide each new employee information concerning PERS or SERS membership benefits.

  • EMPLOYMENT OF RETIRED TEACHERS A. For purposes of salary schedule placement, a retired Teacher will be granted a maximum of ten (10) years’ service credit and their educational attainment. A retired Teacher may not advance beyond Level 10 on the salary schedule.

  • Retirement Programs The Company agrees to provide Employees with the benefits under the Magna Group of Companies Retirement Savings Program as set out in the Employee Retirement Savings Program Booklets.

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Probation for Newly Hired Employees (a) The Employer may reject a probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Article 11.2

  • Re-employment After Voluntary Termination or Dismissal for Cause Where an employee voluntarily leaves the Employer's service, or is dismissed for cause and is later re-engaged, seniority and all perquisites shall date only from the time of re-employment, according to regulations applying to new employees.

Time is Money Join Law Insider Premium to draft better contracts faster.