Common use of Retirement Incentive Pay Clause in Contracts

Retirement Incentive Pay. An employee with ten (10) years or more of service within the bargaining unit upon retirement, shall be compensated for any unused accumulated sick leave as follows: 1. Custodians/Maintenance/Mechanics 2. Bus Drivers, Food Service, and Paraprofessionals Employees working 15 or more hrs. per week $15.00/day Employees working less than 15 hrs. per week $10.00/day.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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Retirement Incentive Pay. An employee with ten (10) years or more of service within the bargaining unit upon retirement, shall be compensated for any unused accumulated sick leave as follows: 1. Custodians/Maintenance/Mechanics 2. Bus Drivers, Food ServiceChild Nutrition, and Paraprofessionals Employees working 15 or more hrs. per week $15.0020.00/day Employees working less than 15 hrs. per week $10.0015.00/day.

Appears in 1 contract

Samples: Master Agreement

Retirement Incentive Pay. An employee with ten (10) years or more of service within the bargaining unit upon retirement, shall be compensated for any unused accumulated sick leave as follows: 1. Custodians/Maintenance/Mechanics 2. Bus Drivers, Food Service, and Paraprofessionals Employees working 15 or more hrs. per week $15.00/day Employees working less than 15 hrs. per week $10.00/day.. 58

Appears in 1 contract

Samples: Extension Agreement

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Retirement Incentive Pay. An employee with ten (10) years or more of service within the bargaining unit upon retirement, shall be compensated for any unused accumulated sick leave as follows: 1. Custodians/Maintenance/Mechanics 2. Bus Drivers, Food ServiceChild Nutrition, and Paraprofessionals Employees working 15 or more hrs. per week $15.00/day Employees working less than 15 hrs. per week $10.00/day.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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