SERVICE PAYMENT-EMPLOYEE Sample Clauses

SERVICE PAYMENT-EMPLOYEE. Upon retirement from the District, the Board will make a one-time payment for each year of service in the District in the amount of $65 for teachers or full-time support staff with at least 10 (ten) years of service, $80 for teachers or full-time support staff with at least 20 years of service, and $100 for teachers or support staff with 25 or more years of completed service, which amount shall become due and payable no earlier than thirty (30) days following retirement from service to the District. Support staff with 10 (ten) or more years of service in the District, employed less than six hours, shall receive a one time payment for each year of service in the District in the amount of $35 for at least ten (10) years of service, $40 for at least 20 years of service, and $50 for 25 or more years of service. This shall be paid in a lump sum after July 1 of the school year the employee retires. The Parties agree that such payment in recognition of years of service, shall become due and payable no earlier than thirty (30) days after the completion of the teacher or support staff person’s service to the District and issuance of the final paycheck therefor, whichever is later, and is intended by the parties to be post-retirement income, and not wages for services rendered to the District. The Parties agree that such payment is intended to be exempt from any creditable earnings calculations conducted by the Teachers’ Retirement System of Illinois (TRS) or Illinois Municipal Retirement Fund (IMRF); Status quo is explicitly waived for the purpose of this agreement, so that if there is change to the Illinois Pension Code, administrative rules, interpretation by IMRF or TRS, guidance documents from IMRF or TRS, or any other notification from IMRF or TRS which would cause this payment for recognition for years of service to be considered creditable earnings or otherwise cause a contribution to IMRF or TRS, penalty, or other cost not explicitly contemplated herein, this section of the Agreement shall be severed and rendered unenforceable, and the Parties shall meet to negotiate new terms and conditions for payment for recognition of years of service. In such event, status quo shall be as though this language never existed and was never a part of the agreement.
Sample 1
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SERVICE PAYMENT-EMPLOYEE. Upon retirement from the District, the Board will make a one-time payment for each year of service in the District in the amount of $65 for teachers or full-time support staff with at least 10 (ten) years of service, $80 for teachers or full-time support staff with at least 20 years of service, and $100 for teachers or support staff with 25 or more years of service. If during the term of this contract any law is enacted that results in fewer years of credible service and/or a lower age to not cause the Board an ERO penalty, the lower age and/or credible service shall apply. This shall be paid in a lump sum after July 1 of the school year the employee retires. Support staff with 10 (ten) or more years of service in the District, employed less than six hours, shall receive a one time payment for each year of service in the District in the amount of $35 for at least ten (10) years of service, $40 for at least 20 years of service, and $50 for 25 or more years of service. This shall be paid in a lump sum after July 1 of the school year the employee retires.
Sample 1

Related to SERVICE PAYMENT-EMPLOYEE

  • Replacement Employee Should a replacement Employee be engaged, the replacement Employee is to be informed prior to engagement of the fixed term nature of the employment and of the rights of the Employee, who is being replaced, including that the engagement may be subject to variation according to 6.10.3 (d) and ability to extend unpaid Maternity Leave as provided for under sub-clause 6.10.10.

  • Permanent Employee Definition: An employee who has completed a probationary period or a permanent employee who is serving a probationary period in the same or a different class. Permanent employees shall be laid off according to the layoff ratings, lowest ratings first. The order of layoff within categories 1, 2, and 3, and for permanent employees with equal layoff ratings, shall be at the appointing authority's discretion. Employees on leave shall be laid off or demoted in lieu of layoff as if they were active employees.

  • New Employee (a) (i) Unless the Parties agree, in writing, to an extension of the probationary period, all Employees who work greater than twenty-four (24) hours per week shall be considered probationary for a period of up to three (3) calendar months following date of appointment to the University.

  • Student Employees A student employee is an employee who is hired for short-term work which is not ongoing. He/she is normally in the process of completing his/her post-graduate studies and is expected to return to his/her studies after an agreed employment period. The employee's benefits and working conditions are as per Article 34 (Temporary Employees).

  • Permanent Employees The allocations outlined in paragraphs b) and c) above will be provided on the first day of each fiscal year, or the first day of employment, subject to the exceptions below: Where a permanent Employee is accessing sick leave and/or the short-term disability plan in a fiscal year and the absence continues into the following fiscal year for the same medical condition, the permanent Employee will continue to access any unused sick leave days or short-term disability days from the previous fiscal year’s allocation. A new allocation will not be provided to the permanent Employee until s/he has returned to work and completed eleven (11) consecutive working days at their regular working hours. The permanent Employee’s new sick leave allocation will be eleven (11) days at 100% wages. The permanent Employee will also be allocated one hundred and twenty (120) short term disability days payable at ninety percent (90%) of regular salary reduced by any paid sick days already taken in the current fiscal year. If a permanent Employee is absent on his/her last regularly scheduled work day and the first regularly scheduled work day of the following year for unrelated reasons, the allocation outlined above will be provided on the first day of the fiscal year, provided the employee submits medical documentation to support the absence, in accordance with paragraph (h).

  • Shift Employees Employees who work rotating shift patterns or those who work qualifying shifts shall be entitled, on completion of 12 months employment on shift work, to up to an additional 5 days annual leave, based on the number of qualifying shifts worked. The entitlement will be calculated on the annual leave anniversary date. Qualifying shifts are defined as a shift which involves at least 2 hours work performed outside the hours of 8.00am to 5.00pm, excluding overtime. Number of qualifying shifts per annum Number of days additional leave per annum 121 or more 5 days 96 – 120 4 days 71 – 95 3 days 46 – 70 2 days 21 – 45 1 day

  • Subsequent Employment Those teachers whose employment commences after the start of the school year shall pay a pro-rated amount equal to the percentage of the remaining school year.

  • CONTRACT EMPLOYEES Contained in Annexure D.

  • Replacement Employees (a) A replacement employee is an employee specifically engaged or temporarily promoted or transferred, as a result of an employee proceeding on parental leave. (b) Before an employer engages a replacement employee the employer must inform that person of the temporary nature of the employment and of the rights of the employee who is being replaced.

  • Term Employee Term employee means a new person employed without seniority for a specific time period or until the completion of a particular project in compliance with funding provided for that position or project. At the expiry of said term the employment of such employee shall be terminated unless the term employee is immediately hired as a full-time or part-time employee at which time the term employee's original starting date shall be utilized to establish their seniority.

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