Retirement Incentive Program. 24.1 The District will provide voluntary retirement incentives for the LEA bargaining unit. A certificated bargaining unit member may initiate application to participate in one of the incentive plans described below. Participation will be approved by the District. 24.2 Written application for a Retirement Incentive Program shall be the responsibility of the certificated bargaining unit member. All applications will be processed through the Human Resources Office. It shall be the responsibility of the Human Resources Office to inform the bargaining unit member of the financial implications of the retirement options available. The bargaining unit member shall analyze his/her status with regard to the benefits of each option. 24.3 All Retirement Incentive Programs as defined in this Agreement may be initiated during the term of this Agreement. Certificated bargaining unit members wishing to take advantage of one of these retirement incentive programs should make application through the Human Resources Office by February 1 of that year when the bargaining unit member plans to retire.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
