Common use of Retirement Incentive Benefit Plan Clause in Contracts

Retirement Incentive Benefit Plan. The Board shall recognize the service of full-time teachers who have rendered a total of at least eighteen (18) years of creditable service to the District, a minimum of 10 years consecutive, and who are eligible to receive retirement pension benefits through the regular provisions of the Teachers’ Retirement System of the state of Illinois. This incentive program excludes any teacher eligible to receive any retirement option under the “Early Retirement Option” provision of the TRS Illinois Pension Act or any other program sponsored by the State of Illinois.

Retirement Incentive Benefit Plan. The Board shall recognize the service of full-full- time teachers who have rendered a total of at least eighteen sixteen (1816) years of creditable service to the District, a minimum of 10 years consecutive, and who are eligible to receive retirement pension benefits through the regular provisions of the Teachers’ Retirement System of the state of Illinois. This incentive program excludes any teacher eligible to receive any retirement option under the “Early Retirement Option” provision of the TRS Illinois Pension Act or any other program sponsored by the State of Illinois.

Retirement Incentive Benefit Plan. The Board shall recognize the service of full-time teachers who have rendered a total of at least eighteen fifteen (1815) years of creditable service to the District, a minimum of 10 years consecutive, and who are eligible to receive retirement pension benefits through the regular provisions of the Teachers’ Retirement System of the state of Illinois. This incentive program excludes any teacher eligible to receive any retirement option under the “Early Retirement Option” provision of the TRS Illinois Pension Act or any other program sponsored by the State of Illinois.

Retirement Incentive Benefit Plan. The Board shall recognize the service of full-time teachers who have rendered a total of at least eighteen ten (1810) full-time equivalent years of creditable service to the District, a minimum of 10 years consecutiveDistrict 4 preceding retirement, and who are eligible to receive retirement pension benefits through the regular retirement provisions of the Teachers’ Retirement System of the state of Illinois. This incentive program excludes any teacher Illinois (i.e. excluding those teachers eligible to receive any retirement option under the “Early Retirement Option” provision of Section 16-133.2 of the TRS Illinois Pension Act or any other program sponsored by the State of IllinoisAct).

Retirement Incentive Benefit Plan. ­ The Board shall recognize the service of full-time full­time teachers who have rendered a total of at least eighteen fifteen (1815) full­time equivalent years of creditable service to the District, a minimum of 10 years consecutiveDistrict 4 preceding retirement, and who are eligible to receive retirement pension benefits through the regular retirement provisions of the Teachers’ Retirement System of the state of Illinois. This incentive program excludes any teacher Illinois (i.e. excluding those teachers eligible to receive any retirement option under the “Early Retirement Option” provision of Section 16­133.2 of the TRS Illinois Pension Act or any other program sponsored by the State of IllinoisAct).