Retirement Pay-Out Sample Clauses

Retirement Pay-Out. Employees hired prior to January 1, 2013 who work for ten
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Retirement Pay-Out. Upon retirement in accordance with the requirements of the Michigan Public School Employees Retirement System, teachers who have had ten (10) years of continuous service with the Oxford Community Schools up to the time of retirement shall receive a retirement pay-out from the district based on their accumulated sick leave days. This pay-out shall be calculated per Schedule C of Appendix C of the OEA Agreement.

Related to Retirement Pay-Out

  • Retirement Credit Retirement credit for such periods of leave without pay shall be governed by the rules and regulations of the Division of Retirement and the provisions of Chapter 121, Florida Statutes.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

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