Common use of Retirement Definition Clause in Contracts

Retirement Definition. Retirement is the act of terminating full-time employment with the District after meeting the eligibility and notification requirements stated in Article 16.1.7.1, combined with one of the following:  Accepting service retirement with the State Teachers’ Retirement System (CalSTRS), or  Accepting disability retirement benefits with CalSTRS, or  Delaying the service retirement benefit from CalSTRS with the intent of receiving CalSTRS retirement benefits as provided in Education Code §24204 at some future date.

Retirement Definition. Retirement is the act of terminating full-time employment with the District after meeting the eligibility and notification requirements stated in Article 16.1.7.1, combined with one of the following:  ▪ Accepting service retirement with the State Teachers’ Retirement System (CalSTRS), or  ▪ Accepting disability retirement benefits with CalSTRS, or  ▪ Delaying the service retirement benefit from CalSTRS with the intent of receiving CalSTRS retirement benefits as provided in Education Code §24204 at some future date.

Retirement Definition. Retirement is the act of terminating full-time employment with the District after meeting the eligibility and notification requirements stated in Article 16.1.7.116.6.1, combined with one of the following:  § Accepting service retirement with the State Teachers’ Retirement System (CalSTRS), or  § Accepting disability retirement benefits with CalSTRS, or  § Delaying the service retirement benefit from CalSTRS with the intent of receiving CalSTRS retirement benefits as provided in Education Code §Section 24204 at some future date.