Common use of Retirement Incentives Clause in Contracts

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