Retirement Incentives. [a] Employees who: 1) have ten (10) years of Xxxxx School District service credit, including five (5) years of current service in the District; and 2) can meet the eligibility requirements for and will be receiving Utah State Retirement System benefits within ninety (90) calendar days following retirement, may apply on a non-discriminatory basis for the voluntary retirement benefits listed in this policy. Employees with at least five (5) but fewer than ten (10) years of Xxxxx School District service credit and who meet the above criteria, may also apply for these benefits on a pro rata basis. [b] Social Security Bridge Payments (i) Social security bridge payments are intended to partially offset the reduction in Social Security benefits due to early retirement. Eligible retirees shall receive a contribution of sixteen percent (16%) of their earnings from their last twelve (12) months of employment into a qualified 403(b) account or a District sponsored Health Reimbursement Account, for three (3) years, or until they become eligible to receive unreduced social security benefits, whichever occurs first. The first payment shall occur within 180 days of retirement from the District. The second payment shall occur in February of the first year following a complete calendar year without contributions to the Utah Retirement System for the original position from which the employee retired. The third payment shall occur the following February. (ii) Employees who meet the criteria in 4.5.5(a) and who have at least twenty-five (25) but fewer than thirty (30) years of salary service credit, may voluntarily authorize the District to purchase additional salary service credit for them in the Utah State Retirement System by applying some or all of their eligible early retirement incentive contribution on a one-time lump sum basis under the following conditions: (1) Employees eligible for three (3) years of stipends shall be credited with a one-time lump sum contribution of forty-six percent (46%) of their annual salary to be applied toward the District's purchase of additional salary service credit. (2) Employees eligible for two (2) years of contribution shall be credited with a one-time lump sum contribution of thirty-one percent (31%) of their annual salary. The District shall apply this contribution toward the purchase of additional salary service credit for the employees in the Utah State Retirement System. (3) Employees eligible for one (1) year of contribution shall be credited with a one-time lump sum contribution of sixteen percent (16%) of their annual salary, to be applied toward the District's purchase of additional salary service credit. (4) The District shall not purchase additional salary service credit that, when combined with an employee's current years of salary service credit, would exceed thirty (30) years of total salary service credit. (5) Eligible employees shall notify the Payroll Department in writing of their request to receive a one-time lump sum contribution no later than the early retirement notification deadlines stipulated in 4.5.2. [c] Sick Leave Conversion Employees qualifying for Utah State Retirement benefits and eligible to accrue sick leave for the last twelve (12) months of their employment shall receive: (i) An amount paid as a lump sum employer contribution to a qualified 403(b) account or a District sponsored Health Reimbursement Account equal to twenty-one and a half percent (21.5%) of the value of the employee’s accumulated sick leave. (ii) Employees who meet the criteria in 4.5.4(a) and who have at least twenty-five (25) but fewer than thirty (30) years of salary service credit may voluntarily authorize the District to apply some or all of the sick leave payment above, toward the District's purchase of additional salary service credit for the employees in the Utah State Retirement System. The District shall not purchase additional salary service credit that, when combined with an employee's current years of salary service credit, would exceed thirty (30) years of total salary service credit. Eligible employees who wish to exercise this option shall notify the Payroll Department in writing no later than the early retirement notification deadlines stipulated in section 4.5.2. (iii) If the retiree dies, the amount remaining to be paid under section 4.5.5[b] will be paid to the retiree’s designated beneficiary. [d] Post-Retirement Health and Dental Insurance Employees who retire under the incentive program may continue to be enrolled in group medical and dental programs until they become eligible for Medicare, or for the ten (10) consecutive years following retirement, whichever occurs first. This enrollment is contingent upon the retirees contributing the same premium as required of active employees for the first three (3) years and the full premium, as determined by the District Insurance Committee, for the following seven (7) years. Retirees electing the out-of- area plan pay the difference between the District contribution to the in-area premium and the full premium for the first three (3) years and the full premium, as determined by the District Insurance Committee, for the following seven (7) years. The premium is prorated according to the authorized hours of the employee’s position at the time of retirement. Retirees must also submit the necessary insurance election form within thirty (30) days following retirement. [e] Re-employed District Retires District retirees receiving the incentives provided in this section shall be subject to the following benefits and conditions if they are rehired by the District: (i) Social security bridge payments shall continue as outlined in 4.5.5 [b] (ii) Upon re-employment in an insurance eligible position, insurance benefits, including premium payments, shall be administered in the same manner as for other active employees. (iii) Upon re-employment, any unused balance of sick leave credit previously applied toward the payment of health insurance premiums during retirement shall be contributed to a qualified 403(b) account for the employee. (iv) Eligible re-employed retirees may utilize any unused participation time on the Xxxxx School District Early Retirement Medical and Dental Plan (ERP) when they terminate District employment. This participation time includes the balance of the unused insurance benefit extension (to a maximum total of ten (10) years) or until Medicare eligible, whichever occurs first. The Early Retirement Incentive Medical and Dental Plan, available for review in the Human Resources Department, include the specific provisions governing retiree insurance benefits. [f] The following employees are not eligible for participation in the retirement incentive program: (i) Any employee who has received a written notice of termination. (ii) Any employee who is retiring under the disability provisions of the Utah State Retirement Act. (iii) Any employee who previously has received retirement incentive benefits from the District or is currently receiving Utah State Retirement System benefits. [g] An employee, who qualifies for retirement as defined by the Utah State Retirement System, may apply for retirement and/or retirement incentives by submitting a letter to the Human Resources Department at least thirty (30) days prior to their planned date of retirement. An employee may submit a written request to the Human Resources Department to rescind the retirement request during the thirty (30) days. Unless the District grants the request to rescind, the retirement shall be considered final. [h] No verbal communications or letters of intent will be accepted as application for participation in the retirement incentive program. Without appropriate completion of the "Application for Retirement Agreement and Waiver" form, no employee shall qualify for nor receive any of the benefits provided through the program. [i] Benefits of this retirement incentive program provided by the District are independent of the Utah State Retirement System. [j] Benefits of this retirement incentive program are not intended to be combined or coordinated with the early retirement provisions outlined in Utah Code §67-19-14. [k] For purposes of determining the retirement incentive contribution, the number of years before the retiree becomes eligible to receive unreduced social security benefits as of the official last day of work shall be used. Annual leave days for which an employee receives pay following the last day worked shall not be considered in determining retirement benefits. DISTRICT EXTRACURRICULAR PASSES Classified employees of the District may purchase Xxxxx School District extracurricular passes. 4.6.1. For a $30.00 fee, employees may purchase a yearly non-transferable pass. 4.6.2. The pass will allow the holder plus one to attend any eligible school activity without charge. 4.6.3. The card or pass may be purchased at the District administration office. Employees shall be allowed to have their children attend the school of their choice when there is space available. Requests must be submitted to the principal in accordance with the Enrollment Options Policy.
Appears in 3 contracts
Samples: Classified Agreement, Classified Agreement, Classified Agreement
Retirement Incentives. [a] Employees who: 1) have ten (10) years of Xxxxx School District service credit, including five (5) years of current service in the District; and 2) can meet the eligibility requirements for and will be receiving Utah State Retirement System benefits within ninety (90) calendar days following retirement, may apply on a non-discriminatory basis for the voluntary retirement benefits listed in this policy. Employees with at least five (5) but fewer than ten (10) years of Xxxxx School District service credit and who meet the above criteria, may also apply for these benefits on a pro rata basis. [b] Social Security Bridge Payments
(i) Social security bridge payments are intended to partially offset the reduction in Social Security benefits due to early retirement. Eligible retirees shall receive a contribution of sixteen percent (16%) of their earnings from their last twelve (12) months of employment into a qualified 403(b) account or a District sponsored Health Reimbursement Account, for three (3) years, or until they become eligible to receive unreduced social security benefits, whichever occurs first. The first payment shall occur within 180 days of retirement from the District. The second payment shall occur in February of the first year following a complete calendar year without contributions to the Utah Retirement System for the original position from which the employee retired. The third payment shall occur the following February.
(ii) Employees who meet the criteria in 4.5.5(a) and who have at least twenty-five (25) but fewer than thirty (30) years of salary service credit, may voluntarily authorize the District to purchase additional salary service credit for them in the Utah State Retirement System by applying some or all of their eligible early retirement incentive contribution on a one-time lump sum basis under the following conditions:
(1) Employees eligible for three (3) years of stipends shall be credited with a one-time lump sum contribution of forty-six percent (46%) of their annual salary to be applied toward the District's purchase of additional salary service credit.
(2) Employees eligible for two (2) years of contribution shall be credited with a one-time lump sum contribution of thirty-one percent (31%) of their annual salary. The District shall apply this contribution toward the purchase of additional salary service credit for the employees in the Utah State Retirement System.
(3) Employees eligible for one (1) year of contribution shall be credited with a one-time lump sum contribution of sixteen percent (16%) of their annual salary, to be applied toward the District's purchase of additional salary service credit.
(4) The District shall not purchase additional salary service credit that, when combined with an employee's current years of salary service credit, would exceed thirty (30) years of total salary service credit.
(5) Eligible employees shall notify the Payroll Department in writing of their request to receive a one-time lump sum contribution no later than the early retirement notification deadlines stipulated in 4.5.2. [c] Sick Leave Conversion Employees qualifying for Utah State Retirement benefits and eligible to accrue sick leave for the last twelve (12) months of their employment shall receive:
(i) An amount paid as a lump sum employer contribution to a qualified 403(b) account or a District sponsored Health Reimbursement Account equal to twenty-one and a half percent (21.5%) of the value of the employee’s accumulated sick leave.
(ii) Employees who meet the criteria in 4.5.4(a) and who have at least twenty-five (25) but fewer than thirty (30) years of salary service credit may voluntarily authorize the District to apply some or all of the sick leave payment above, toward the District's purchase of additional salary service credit for the employees in the Utah State Retirement System. The District shall not purchase additional salary service credit that, when combined with an employee's current years of salary service credit, would exceed thirty (30) years of total salary service credit. Eligible employees who wish to exercise this option shall notify the Payroll Department in writing no later than the early retirement notification deadlines stipulated in section 4.5.2.
(iii) If the retiree dies, the amount remaining to be paid under section 4.5.5[b] will be paid to the retiree’s designated beneficiary. [d] Post-Retirement Health and Dental Insurance Employees who retire under the incentive program may continue to be enrolled in group medical and dental programs until they become eligible for Medicare, or for the ten (10) consecutive years following retirement, whichever occurs first. This enrollment is contingent upon the retirees contributing the same premium as required of active employees for the first three (3) years and the full premium, as determined by the District Insurance Committee, for the following seven (7) years. Retirees electing the out-of- area plan pay the difference between the District contribution to the in-area premium and the full premium for the first three (3) years and the full premium, as determined by the District Insurance Committee, for the following seven (7) years. The premium is prorated according to the authorized hours of the employee’s position at the time of retirement. Retirees must also submit the necessary insurance election form within thirty (30) days following retirement. [e] Re-employed District Retires District retirees receiving the incentives provided in this section shall be subject to the following benefits and conditions if they are rehired by the District:
(i) Social security bridge payments shall continue as outlined in 4.5.5 [b]
(ii) Upon re-employment in an insurance eligible position, insurance benefits, including premium payments, shall be administered in the same manner as for other active employees.
(iii) Upon re-employment, any unused balance of sick leave credit previously applied toward the payment of health insurance premiums during retirement shall be contributed to a qualified 403(b) account for the employee.
(iv) Eligible re-employed retirees may utilize any unused participation time on the Xxxxx School District Early Retirement Medical and Dental Plan (ERP) when they terminate District employment. This participation time includes the balance of the unused insurance benefit extension (to a maximum total of ten (10) years) or until Medicare eligible, whichever occurs first. The Early Retirement Incentive Medical and Dental Plan, available for review in the Human Resources Department, include the specific provisions governing retiree insurance benefits. [f] The following employees are not eligible for participation in the retirement incentive program:
(i) Any employee who has received a written notice of termination.
(ii) Any employee who is retiring under the disability provisions of the Utah State Retirement Act.
(iii) Any employee who previously has received retirement incentive benefits from the District or is currently receiving Utah State Retirement System benefits. [g] An employee, who qualifies for retirement as defined by the Utah State Retirement System, may apply for retirement and/or retirement incentives by submitting a letter to the Human Resources Department at least thirty (30) days prior to their planned date of retirement. An employee may submit a written request to the Human Resources Department to rescind the retirement request during the thirty (30) days. Unless the District grants the request to rescind, the retirement shall be considered final. [h] No verbal communications or letters of intent will be accepted as application for participation in the retirement incentive program. Without appropriate completion of the "Application for Retirement Agreement and Waiver" form, no employee shall qualify for nor receive any of the benefits provided through the program. [i] Benefits of this retirement incentive program provided by the District are independent of the Utah State Retirement System. [j] Benefits of this retirement incentive program are not intended to be combined or coordinated with the early retirement provisions outlined in Utah Code §67-19-14. [k] For purposes of determining the retirement incentive contribution, the number of years before the retiree becomes eligible to receive unreduced social security benefits as of the official last day of work shall be used. Annual leave days for which an employee receives pay following the last day worked shall not be considered in determining retirement benefits. DISTRICT EXTRACURRICULAR PASSES Classified employees of the District may purchase Xxxxx School District extracurricular passes.
4.6.1. For a $30.00 fee, employees may purchase a yearly non-transferable pass.
4.6.2. The pass will allow the holder plus one to attend any eligible school activity without charge.
4.6.3. The card or pass may be purchased at the District administration office. office. STUDENT ENROLLMENT CONSIDERATIONS Employees shall be allowed to have their children attend the school of their choice when there is space available. Requests must be submitted to the principal in accordance with the Enrollment Options Policy.
Appears in 2 contracts
Samples: Classified Agreement, Classified Agreement
Retirement Incentives. [a] Employees who: 1) have ten (10) years of Xxxxx School District service credit, including five (5) years of current service in the District; and 2) can meet the eligibility requirements for and will be receiving Utah State Retirement System benefits within ninety (90) calendar days following retirement, may apply on a non-discriminatory basis for the voluntary retirement benefits listed in this policy. Employees with at least five (5) but fewer than ten (10) years of Xxxxx School District service credit and who meet the above criteria, may also apply for these benefits on a pro rata basis. [b] Social Security Bridge Payments
(i) Social security bridge payments are intended to partially offset the reduction in Social Security benefits due to early retirement. Eligible retirees shall receive a contribution of sixteen percent (16%) of their earnings from their last twelve (12) months of employment into a qualified 403(b) account or a District sponsored Health Reimbursement Account, for three (3) years, or until they become eligible to receive unreduced social security benefits, whichever occurs first. The first payment shall occur within 180 days of retirement from the District. The second payment shall occur in February of the first year following a complete calendar year without contributions to the Utah Retirement System for the original position from which the employee retired. The third payment shall occur the following February.
(ii) Employees who meet the criteria in 4.5.5(a) and who have at least twenty-five (25) but fewer than thirty (30) years of salary service credit, may voluntarily authorize the District to purchase additional salary service credit for them in the Utah State Retirement System by applying some or all of their eligible early retirement incentive contribution on a one-time lump sum basis under the following conditions:
(1) Employees eligible for three (3) years of stipends shall be credited with a one-time lump sum contribution of forty-six percent (46%) of their annual salary to be applied toward the District's purchase of additional salary service credit.
(2) Employees eligible for two (2) years of contribution shall be credited with a one-time lump sum contribution of thirty-one percent (31%) of their annual salary. The District shall apply this contribution toward the purchase of additional salary service credit for the employees in the Utah State Retirement System.
(3) Employees eligible for one (1) year of contribution shall be credited with a one-time lump sum contribution of sixteen percent (16%) of their annual salary, to be applied toward the District's purchase of additional salary service credit.
(4) The District shall not purchase additional salary service credit that, when combined with an employee's current years of salary service credit, would exceed thirty (30) years of total salary service credit.
(5) Eligible employees shall notify the Payroll Department in writing of their request to receive a one-time lump sum contribution no later than the early retirement notification deadlines stipulated in 4.5.2. [c] Sick Leave Conversion Employees qualifying for Utah State Retirement benefits and eligible to accrue sick leave for the last twelve (12) months of their employment shall receive:
(i) An amount paid as a lump sum employer contribution to a qualified 403(b) account or a District sponsored Health Reimbursement Account equal to twenty-one and a half percent (21.5%) of the value of the employee’s accumulated sick leave.
(ii) Employees who meet the criteria in 4.5.4(a) and who have at least twenty-five (25) but fewer than thirty (30) years of salary service credit may voluntarily authorize the District to apply some or all of the sick leave payment above, toward the District's purchase of additional salary service credit for the employees in the Utah State Retirement System. The District shall not purchase additional salary service credit that, when combined with an employee's current years of salary service credit, would exceed thirty (30) years of total salary service credit. Eligible employees who wish to exercise this option shall notify the Payroll Department in writing no later than the early retirement notification deadlines stipulated in section 4.5.2.
(iii) If the retiree dies, the amount remaining to be paid under section 4.5.5[b] will be paid to the retiree’s designated beneficiary. [d] Post-Retirement Health and Dental Insurance Employees who retire under the incentive program may continue to be enrolled in group medical and dental programs until they become eligible for Medicare, or for the ten (10) consecutive years following retirement, whichever occurs first. This enrollment is contingent upon the retirees contributing the same premium as required of active employees for the first three (3) years and the full premium, as determined by the District Insurance Committee, for the following seven (7) years. Retirees electing the out-of- area plan pay the difference between the District contribution to the in-area premium and the full premium for the first three (3) years and the full premium, as determined by the District Insurance Committee, for the following seven (7) years. The premium is prorated according to the authorized hours of the employee’s position at the time of retirement. Retirees must also submit the necessary insurance election form within thirty (30) days following retirement. [e] Re-employed District Retires District retirees receiving the incentives provided in this section shall be subject to the following benefits and conditions if they are rehired by the District:
(i) Social security bridge payments shall continue as outlined in 4.5.5 [b]
(ii) Upon re-employment in an insurance eligible position, insurance benefits, including premium payments, shall be administered in the same manner as for other active employees.
(iii) Upon re-employment, any unused balance of sick leave credit previously applied toward the payment of health insurance premiums during retirement shall be contributed to a qualified 403(b) account for the employee.
(iv) Eligible re-employed retirees may utilize any unused participation time on the Xxxxx School District Early Retirement Medical and Dental Plan (ERP) when they terminate District employment. This participation time includes the balance of the unused insurance benefit extension (to a maximum total of ten (10) years) or until Medicare eligible, whichever occurs first. The Early Retirement Incentive Medical and Dental Plan, available for review in the Human Resources Department, include the specific provisions governing retiree insurance benefits. [f] The following employees are not eligible for participation in the retirement incentive program:
(i) Any employee who has received a written notice of termination.
(ii) Any employee who is retiring under the disability provisions of the Utah State Retirement Act.
(iii) Any employee who previously has received retirement incentive benefits from the District or is currently receiving Utah State Retirement System benefits. [g] An employee, who qualifies for retirement as defined by the Utah State Retirement System, may apply for retirement and/or retirement incentives by submitting a letter to the Human Resources Department at least thirty (30) days prior to their planned date of retirement. An employee may submit a written request to the Human Resources Department to rescind the retirement request during the thirty (30) days. Unless the District grants the request to rescind, the retirement shall be considered final. [h] No verbal communications or letters of intent will be accepted as application for participation in the retirement incentive program. Without appropriate completion of the "Application for Retirement Agreement and Waiver" form, no employee shall qualify for nor receive any of the benefits provided through the program. [i] Benefits of this retirement incentive program provided by the District are independent of the Utah State Retirement System. [j] Benefits of this retirement incentive program are not intended to be combined or coordinated with the early retirement provisions outlined in Utah Code §67-19-14. [k] For purposes of determining the retirement incentive contribution, the number of years before the retiree becomes eligible to receive unreduced social security benefits as of the official last day of work shall be used. Annual leave days for which an employee receives pay following the last day worked shall not be considered in determining retirement benefits. DISTRICT EXTRACURRICULAR PASSES Classified employees of the District may purchase Xxxxx School District extracurricular passes.
4.6.1. For a $30.00 fee, employees may purchase a yearly non-transferable pass.
4.6.2. The pass will allow the holder plus one to attend any eligible school activity without charge.
4.6.3. The card or pass may be purchased at the District administration office. Employees shall be allowed to have their children attend the school of their choice when there is space available. Requests must be submitted to the principal in accordance with the Enrollment Options Policy.thirty
Appears in 1 contract
Samples: Classified Agreement
Retirement Incentives. [a] Employees who: 1) have ten (10) years of Xxxxx School District service credit, including five (5) years of current service in the District; and 2) can meet the eligibility requirements for and will be receiving Utah State Retirement System benefits within ninety (90) calendar days following retirement, may apply on a non-discriminatory basis for the voluntary retirement benefits listed in this policy. Employees with at least five (5) but fewer than ten (10) years of Xxxxx School District service credit and who meet the above criteria, may also apply for these benefits on a pro rata basis. [b] Social Security Bridge Payments
(i) Social security bridge payments are intended to partially offset the reduction in Social Security benefits due to early retirement. Eligible retirees shall receive a contribution of sixteen percent (16%) of their earnings from their last twelve (12) months of employment into a qualified 403(b) account or a District sponsored Health Reimbursement Account, for three (3) years, or until they become eligible to receive unreduced social security benefits, whichever occurs first. The first payment shall occur within 180 days of retirement from the District. The second payment shall occur in February of the first year following a complete calendar year without contributions to the Utah Retirement System for the original position from which the employee retired. The third payment shall occur the following February.
(ii) Employees who meet the criteria in 4.5.5(a) and who have at least twenty-five (25) but fewer than thirty (30) years of salary service credit, may voluntarily authorize the District to purchase additional salary service credit for them in the Utah State Retirement System by applying some or all of their eligible early retirement incentive contribution on a one-time lump sum basis under the following conditions:
(1) Employees eligible for three (3) years of stipends shall be credited with a one-time lump sum contribution of forty-six percent (46%) of their annual salary to be applied toward the District's purchase of additional salary service credit.
(2) Employees eligible for two (2) years of contribution shall be credited with a one-time lump sum contribution of thirty-one percent (31%) of their annual salary. The District shall apply this contribution toward the purchase of additional salary service credit for the employees in the Utah State Retirement System.
(3) Employees eligible for one (1) year of contribution shall be credited with a one-time lump sum contribution of sixteen percent (16%) of their annual salary, to be applied toward the District's purchase of additional salary service credit.
(4) The District shall not purchase additional salary service credit that, when combined with an employee's current years of salary service credit, would exceed thirty (30) years of total salary service credit.
(5) Eligible employees shall notify the Payroll Department in writing of their request to receive a one-time lump sum contribution no later than the early retirement notification deadlines stipulated in 4.5.2. [c] Sick Leave Conversion Employees qualifying for Utah State Retirement benefits and eligible to accrue sick leave for the last twelve (12) months of their employment shall receive:
(i) An amount paid as a lump sum employer contribution to a qualified 403(b) account or a District sponsored Health Reimbursement Account equal to twenty-one and a half percent (21.5%) of the value of the employee’s accumulated sick leave.
(ii) Employees who meet the criteria in 4.5.4(a) and who have at least twenty-five (25) but fewer than thirty (30) years of salary service credit may voluntarily authorize the District to apply some or all of the sick leave payment above, toward the District's purchase of additional salary service credit for the employees in the Utah State Retirement System. The District shall not purchase additional salary service credit that, when combined with an employee's current years of salary service credit, would exceed thirty (30) years of total salary service credit. Eligible employees who wish to exercise this option shall notify the Payroll Department in writing no later than the early retirement notification deadlines stipulated in section 4.5.2.
(iii) If the retiree dies, the amount remaining to be paid under section 4.5.5[b] will be paid to the retiree’s designated beneficiary. [d] Post-Retirement Health and Dental Insurance Employees who retire under the incentive program may continue to be enrolled in group medical and dental programs until they become eligible for Medicare, or for the ten (10) consecutive years following retirement, whichever occurs first. This enrollment is contingent upon the retirees contributing the same premium as required of active employees for the first three (3) years and the full premium, as determined by the District Insurance Committee, for the following seven (7) years. Retirees electing the out-of- area plan pay the difference between the District contribution to the in-area premium and the full premium for the first three (3) years and the full premium, as determined by the District Insurance Committee, for the following seven (7) years. The premium is prorated according to the authorized hours of the employee’s position at the time of retirement. Retirees must also submit the necessary insurance election form within thirty (30) days following retirement. [e] Re-employed District Retires District retirees receiving the incentives provided in this section shall be subject to the following benefits and conditions if they are rehired by the District:
(i) Social security bridge payments shall continue as outlined in 4.5.5 [b]
(ii) Upon re-employment in an insurance eligible position, insurance benefits, including premium payments, shall be administered in the same manner as for other active employees.
(iii) Upon re-employment, any unused balance of sick leave credit previously applied toward the payment of health insurance premiums during retirement shall be contributed to a qualified 403(b) account for the employee.
(iv) Eligible re-employed retirees may utilize any unused participation time on the Xxxxx School District Early Retirement Medical and Dental Plan (ERP) when they terminate District employment. This participation time includes the balance of the unused insurance benefit extension (to a maximum total of ten (10) years) or until Medicare eligible, whichever occurs first. The Early Retirement Incentive Medical and Dental Plan, available for review in the Human Resources Department, include the specific provisions governing retiree insurance benefits. [f] The following employees are not eligible for participation in the retirement incentive program:
(i) Any employee who has received a written notice of termination.
(ii) Any employee who is retiring under the disability provisions of the Utah State Retirement Act.
(iii) Any employee who previously has received retirement incentive benefits from the District or is currently receiving Utah State Retirement System benefits. [g] An employee, who qualifies for retirement as defined by the Utah State Retirement System, may apply for retirement and/or retirement incentives by submitting a letter to the Human Resources Department at least thirty (30) days prior to their planned date of retirement. An employee may submit a written request to the Human Resources Department to rescind the retirement request during the thirty (30) days. Unless the District grants the request to rescind, the retirement shall be considered final. [h] No verbal communications or letters of intent will be accepted as application for participation in the retirement incentive program. Without appropriate completion of the "Application for Retirement Agreement and Waiver" form, no employee shall qualify for nor receive any of the benefits provided through the program. [i] Benefits of this retirement incentive program provided by the District are independent of the Utah State Retirement System. [j] Benefits of this retirement incentive program are not intended to be combined or coordinated with the early retirement provisions outlined in Utah Code §67-19-14. [k] For purposes of determining the retirement incentive contribution, the number of years before the retiree becomes eligible to receive unreduced social security benefits as of the official last day of work shall be used. Annual leave days for which an employee receives pay following the last day worked shall not be considered in determining retirement benefits. DISTRICT EXTRACURRICULAR PASSES Classified employees of the District may purchase Xxxxx School District extracurricular passes.
4.6.1. For a $30.00 fee, employees may purchase a yearly non-transferable pass.
4.6.2. The pass will allow the holder plus one to attend any eligible school activity without charge.
4.6.3. The card or pass may be purchased at the District administration office. Employees shall be allowed to have their children attend the school of their choice when there is space available. Requests must be submitted to the principal in accordance with the Enrollment Options Policyoffice.
Appears in 1 contract
Samples: Classified Agreement
