Common use of Retirement Incentive Stipend Clause in Contracts

Retirement Incentive Stipend. 22.5.1 Any certificated bargaining unit member who notifies the District’s Human Resources Department no later than 5:00 p.m. February 1 of his or her plan to retire on or before June 30 shall receive a $1,000 retirement stipend. Any certificated bargaining unit member who notifies the District’s Human Resources Department no later than 5:00 p.m. March 1 of his or her plan to retire on or before June 30 shall receive a $500 retirement stipend. The stipend shall be paid on or before July 15 following the retirement of the unit member.

Appears in 6 contracts

Samples: Maternity Paternity Leaves, www.nctq.org, www.sfusd.edu

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Retirement Incentive Stipend. 22.5.1 Any certificated bargaining unit member who notifies the District’s Human Resources Department no later than 5:00 p.m. February 1 of his or her plan to retire on or before June 30 shall receive a $1,000 retirement stipend. Any certificated bargaining unit member who notifies the District’s Human Resources Department no later than 5:00 p.m. March 1 of his or her plan to retire on or before June 30 shall receive a $500 600 retirement stipend. The stipend shall be paid on or before July 15 following the retirement of the unit member.

Appears in 1 contract

Samples: www.nctq.org

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