Common use of Retirement Severance Benefits Clause in Contracts

Retirement Severance Benefits. Retirement is defined as termination of services in the School District and withdrawal from active teaching service. Eligible retired teachers in this Article will have completed at least twenty (20) years of service in the School District, are at least fifty-five (55) years of age as of June 30 in the school year in which application for retirement is made, and submit a written resignation accepted by the School District. To assist with District staffing and planning needs, teachers shall provide a non-binding notification of their decision to retire to the Executive Director of Human Resources by March 1 of the year of retirement. Retirement pay shall not be granted to any teacher who has been discharged or terminated pursuant to MS122A.40.

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

Retirement Severance Benefits. Section 1 Retirement is defined as termination of services in the School District and withdrawal from active teaching service. Eligible retired teachers in this Article will have completed at least twenty (20) years of service in the School District, are at least fifty-five (55) years of age as of June 30 in the school year in which application for retirement is made, and submit a written resignation accepted by the School District. To assist with District staffing and planning needs, teachers shall provide a non-binding notification of their decision to retire to the Executive Director of Human Resources by March 1 of the year of retirement. Retirement pay shall not be granted to any teacher who has been discharged or terminated pursuant to MS122A.40.

Appears in 1 contract

Samples: Agreement

Retirement Severance Benefits. Retirement is defined as termination of services in the School District and withdrawal from active teaching service. Eligible Xxxxxxxx retired teachers in this Article will have completed at least twenty (20) years of service in the School District, are at least fifty-five (55) years of age as of June 30 in the school year in which application for retirement is made, and submit a written resignation accepted by the School District. To assist with District staffing and planning needs, teachers shall provide a non-binding notification of their decision to retire to the Executive Director of Human Resources Administrative Services by March 1 of the year of retirement. Retirement pay shall not be granted to any teacher who has been discharged or terminated pursuant to MS122A.40.

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

Retirement Severance Benefits. Section 1 Retirement is defined as termination of services in the School District and withdrawal from active teaching service. Eligible Xxxxxxxx retired teachers in this Article will have completed at least twenty (20) years of service in the School District, are at least fifty-five (55) years of age as of June 30 in the school year in which application for retirement is made, and submit a written resignation accepted by the School District. To assist with District staffing and planning needs, teachers shall provide a non-binding notification of their decision to retire to the Executive Director of Human Resources by March 1 of the year of retirement. Retirement pay shall not be granted to any teacher who has been discharged or terminated pursuant to MS122A.40.

Appears in 1 contract

Samples: Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.