Retirement Severance. An employee retiring under the Michigan School Employee's Retirement System and having fifteen (15) service years of in-district service, shall receive a one-time retirement grant. The retiree shall be paid fifty (50) dollars per unused accumulated sick days to a maximum of one hundred (100) days with a maximum grant of $5,000.00
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Retirement Severance. An employee administrator retiring under the Michigan School Employee's Employees Retirement System and having fifteen (15) service years of in-district service, shall receive a one-time retirement grant. The retiree shall be paid fifty fifteen (5015) dollars per unused accumulated sick days to a maximum of one hundred (100) 70 days with a maximum grant of $5,000.001,050.
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Retirement Severance. 6.17.1 An employee enployee retiring under the Michigan School EmployeeEnployee's Retirement System and having fifteen (15) service years of in-district service, shall receive a one-one time retirement grant. The retiree shall be paid fifty fifteen (5015) dollars per unused accumulated sick days to a maximum of one hundred (100) 70 days with a maximum grant of $5,000.001,050.
Appears in 1 contract
Samples: Agreement
Retirement Severance. An employee retiring under the Michigan School Employee's Employees Retirement System and having fifteen (15) service years of in-district service, shall receive a one-time retirement grant. The retiree shall be paid fifty Seventy Five Dollars (50$75) dollars per unused accumulated sick days to a maximum of one hundred Eighty (10080) days with a maximum grant of Six Thousand Dollars ($5,000.006000.00).
Appears in 1 contract
Samples: Collective Bargaining Agreement
