Retirement Notification Stipend. Professional Staff Members retiring from the Beavercreek City schools will be eligible for an early notification stipend of $500.00. The Professional Staff Member will be eligible for this stipend when he/she: 1. establishes his/her retirement date with the State Teachers' Retirement System (STRS); 2. is eligible to collect from STRS on that established date; 3. submits a letter of resignation for the purpose of retirement to the Beavercreek Board of Education's Personnel Office no later than February 1, for a retirement date at the end of the current school year. The notification stipend will be paid in the first month the Professional Staff Member is retired.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Retirement Notification Stipend. Professional Staff Members retiring from the Beavercreek City schools will be eligible for an early notification stipend of $500.00. The Professional Staff Member will be eligible for this stipend when he/she:
1. : establishes his/her retirement date with the State Teachers' Retirement System (STRS);
2. ; is eligible to collect from STRS on that established date;
3. ; submits a letter of resignation for the purpose of retirement to the Beavercreek Board of Education's Personnel Office no later than February 1, for a retirement date at the end of the current school year. The notification stipend will be paid in the first month the Professional Staff Member is retired.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
