Common use of SELL-BACK OF PEL PRIOR TO RETIREMENT Clause in Contracts

SELL-BACK OF PEL PRIOR TO RETIREMENT. (a) An employee who has reached the age of 55 and who has 7 or more continuous years of service with Yamhill County, and who is eligible for the County provided retirement program and intends to retire and does not intend to take a full time job elsewhere may elect a one-time option to sell back all or part of accrued PEL within the window period described below prior to the date of retirement.

SELL-BACK OF PEL PRIOR TO RETIREMENT. (a) An employee who has reached the age of 55 and who has 7 5 or more continuous years of service with Yamhill County, and who is eligible for the County provided retirement program and intends to retire and does not intend to take a full time job elsewhere may elect a one-time option to sell back all or part of accrued PEL within the window period described below prior to the date of retirement.

SELL-BACK OF PEL PRIOR TO RETIREMENT. (a) An employee who has reached the age of 55 and who has 7 5 or more continuous years of service with Yamhill County, and who is eligible for the County provided retirement program and intends to retire and does not intend to take a full full-time job elsewhere may elect a one-time option to sell back all or part of accrued PEL within the window period described below prior to the date of retirement.