Common use of Retirement Eligibility Clause in Contracts

Retirement Eligibility. In order to be eligible for any District retirement benefits enumerated in Section B of this article an employee • Must have been hired prior to July 1, 2006, and • Have completed a minimum of fifteen (15) years’ service with the District (or ten (10) years at the top of the salary schedule), and • Attained the age of fifty-seven (57), but not reached Medicare eligibility. Or • Attained thirty (30) years’ creditable service with PERS, but not reached Medicare eligibility.‌

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Retirement Eligibility. In order to be eligible for any District retirement benefits enumerated in Section B of this article an employee • Must have been hired prior to July 1, 2006, and • Have completed a minimum of fifteen (15) years' service with the District (or ten (10) years at the top of the salary schedule), and • Attained the age of fifty-seven (57), but not reached Medicare eligibility. Or • Attained thirty (30) years' creditable service with PERSPERS for general service or twenty-five (25) years’ credible service for Police and Fire, but not reached Medicare eligibility.‌eligibility.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Retirement Eligibility. In order to be eligible for any District retirement benefits enumerated in Section B of this article an employee • Must have been hired prior to July 1, 2006, and • Have completed a minimum of fifteen (15) years’ service with the District (or ten (10) years at the top of the salary schedule), and • Attained the age of fifty-seven (57), but not reached Medicare eligibility. Or • Attained thirty (30) years’ creditable service with PERS, but not reached Medicare eligibility.‌eligibility.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!