Common use of Separation/Retirement Clause in Contracts

Separation/Retirement. Upon voluntary separation from the District, the administrator shall receive payment equivalent to payment extended to District certificated employees. Upon retirement (defined as receiving benefits from the Michigan Public Schools Employees Retirement Fund) the administrator shall receive payment equivalent to payment extended to District certificated employees.

Separation/Retirement. Upon voluntary separation from the District, the administrator shall receive payment equivalent to payment extended to District certificated employees. Upon retirement (defined as receiving benefits from the Michigan Public Schools Employees Retirement Fund) the administrator shall receive payment equivalent to payment extended to District certificated employees. If certificated staff are offered any buy out or compensation package for retirement or voluntary separation from the District, administrators will be offered the same package.