Retirement Incentive. If an employee submits his/her written notice to the Board of Education of the employee’s retirement through SERS at least six months prior to the effective date of the employee’s resignation on which the employee is going to retire, the Board of Education shall pay to the employee a stipend in the amount of one thousand dollars ($1,000).
Appears in 7 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
