Common use of Retirement Gratuity Clause in Contracts

Retirement Gratuity. Upon proof of retirement to a teacher’s pension, a teacher with ten (10) or more years of continuous service with this Board shall be entitled to retirement gratuity. Dismissal for cause will not entitle an employee to retirement gratuity.

Retirement Gratuity. 9.05.1 Upon proof of retirement to a teacher’s pension, a teacher with ten (10) or more years of continuous service with this Board shall be entitled to retirement gratuity. Dismissal for cause will not entitle an employee to retirement gratuity. 9.05.2 In the event of the death of a teacher, the amount of sick leave credit retirement gratuity that would have been paid to the teacher if he/she had retired on the date of his/her death, shall be paid to his/her estate.