Common use of Retirement Severance Benefit Clause in Contracts

Retirement Severance Benefit. An individual who is employed as a bargaining unit member at the time of retirement or severance from employment will be eligible for the following severance benefits provided the teacher has otherwise satisfied the requirements and conditions described below.

Appears in 19 contracts

Samples: Agreement, Master Contract, Contract

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Retirement Severance Benefit. An individual who is employed as a bargaining unit member at the time of retirement or severance from employment prior to December 31, 2003, will be eligible for the following severance benefits provided the teacher has otherwise satisfied the requirements and conditions described below.:

Appears in 1 contract

Samples: Schools Collective Bargaining Agreement

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Retirement Severance Benefit. An individual who is employed as a bargaining unit member at the time of retirement or severance from employment will be eligible for the following severance benefits provided the teacher has otherwise satisfied the requirements and conditions described below. The entitlement to these benefits expires with the agreement, as a matter of law.

Appears in 1 contract

Samples: Master Contract

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