Common use of Retirement in Lieu of Layoff Clause in Contracts

Retirement in Lieu of Layoff. 18.7.1 Any employee subject to being laid off or who was in fact laid off may elect to accept a service retirement from the Public Employee’s Retirement System in accordance with Education Code Section 88015. 18.7.2 The employee shall be placed on a thirty-nine (39) month reemployment list in accordance with of this Article; however, the employee shall not be eligible for reemployment during such other period of time as may be specified by pertinent Government Code Sections. 18.7.3 The District agrees that when an offer of reemployment is made to an eligible person retired under this Article, and the District receives within ten (10) working days a written acceptance offer, the position shall not be filled by any other person, and the retired person shall be allowed sufficient time to terminate his/her retired status. 18.7.4 An employee subject to this Article who retires and is eligible for reemployment and who declines an offer of reemployment equal to that from which laid off shall be deemed to be permanently retired. 18.7.5 Any election to retire after being placed on a reemployment list shall be retired in lieu of layoff within the meaning of this Article.

Appears in 6 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

AutoNDA by SimpleDocs

Retirement in Lieu of Layoff. 18.7.1 17.7.1 Any employee subject to being laid off or who was in fact laid off may elect to accept a service retirement from the Public Employee’s Retirement System in accordance with Education Code Section 88015. 18.7.2 17.7.2 The employee shall be placed on a thirty-nine (39) month reemployment list in accordance with Section 7 of this Article; however, the employee shall not be eligible for reemployment during such other period of time as may be specified by pertinent Government Code Sections. 18.7.3 17.7.3 The District agrees that when an offer of reemployment is made to an eligible person retired under this Article, and the District receives within ten (10) working days a written acceptance offer, the position shall not be filled by any other person, and the retired person shall be allowed sufficient time to terminate his/her retired status. 18.7.4 17.7.4 An employee subject to this Article Section who retires and is eligible for reemployment and who declines an offer of reemployment equal to that from which laid lay off shall be deemed to be permanently retired. 18.7.5 17.7.5 Any election employee electing to retire after being placed on a reemployment list shall be retired in lieu of layoff within the meaning of this ArticleSection.

Appears in 2 contracts

Samples: Csea Contract, Csea Contract

AutoNDA by SimpleDocs

Retirement in Lieu of Layoff. 18.7.1 15.7.1 Any employee subject to being laid off or who was in fact laid off may elect to accept a service retirement from the Public Employee’s Retirement System in accordance with Education Code Section 88015. 18.7.2 15.7.2 The employee shall be placed on a thirty-nine (39) month reemployment list in accordance with Section 7 of this Article; however, the employee shall not be eligible for reemployment during such other period of time as may be specified by pertinent Government Code Sections. 18.7.3 15.7.3 The District agrees that when an offer of reemployment is made to an eligible person retired under this Article, and the District receives within ten (10) working days a written acceptance offer, the position shall not be filled by any other person, and the retired person shall be allowed sufficient time to terminate his/her retired status. 18.7.4 15.7.4 An employee subject to this Article Section who retires and is eligible for reemployment and who declines an offer of reemployment equal to that from which laid off shall be deemed to be permanently retired. 18.7.5 15.7.5 Any election employee electing to retire after being placed on a reemployment list shall be retired in lieu of layoff within the meaning of this ArticleSection.

Appears in 1 contract

Samples: Union Contract

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