Common use of RETIREMENT AND SEVERANCE PAY Clause in Contracts

RETIREMENT AND SEVERANCE PAY. A. Educational support employees working for the Board at the time of official retirement (or at the time of death, said beneficiary) shall receive retirement pay of forty percent (40%) of the accumulated sick leave at the final rate of pay. To be eligible, the educational support employee must have served ten (10) consecutive years in the Xxxxxxxxx County school system.

RETIREMENT AND SEVERANCE PAY. A. Educational support employees working for the Board at the time of official retirement (or at the time of death, said beneficiary) shall receive retirement pay of forty percent (40%) of the accumulated sick leave at the final rate of pay. To be eligible, the educational support employee must have served ten (10) consecutive years in the Xxxxxxxxx Frederick County school system.

RETIREMENT AND SEVERANCE PAY. A. A . Educational support employees working for the Board at the time of official retirement retire- ment (or at the time of death, said beneficiary) shall receive retirement pay of forty percent (40%) of the accumulated sick leave at the final rate of paypay . To be eligible, the educational support employee must have served ten (10) consecutive years in the Xxxxxxxxx County school systemsystem .