Common use of Retirement Payment Clause in Contracts

Retirement Payment. 1. If a bargaining unit member eligible for a retirement payment under Article 27 retires with fifteen (15) or more years of continuous service with the District and two hundred fifty-five (255) days of accumulated sick leave, the employee's retirement payment will include Two Thousand Dollars ($2,000.00), less applicable payroll deductions, in addition to the payment otherwise due under the terms of Article 27.

Appears in 5 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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