Retirement in Lieu of Layoff. A Unit Member may elect to accept a service retirement in lieu of layoff, voluntary demotion, or reduction in assigned time. Such Unit Member shall within ten (10) working days prior to the effective date of the proposed layoff complete and submit a form provided by the District for this purpose. The Unit Member shall be placed on the appropriate reemployment list. The District shall notify the Board of Administration of the Public Employee’s Retirement System (PERS) of the fact that retirement was due to layoff. If the Unit Member is subsequently subject to reemployment and accepts, in writing, the appropriate vacant position, the District shall maintain the vacancy, but may fill it on a temporary basis, until the Board of Administration of PERS has properly processed the request for reinstatement from retirement.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement