Common use of SEVERANCE PAY AND RETIREMENT/RESIGNATION Clause in Contracts

SEVERANCE PAY AND RETIREMENT/RESIGNATION. 29.1 All tenure teachers with ten or more years of seniority in the Xxxx School District shall upon termination of employment from the Xxxx Schools, receive severance pay in the amount of one half (1/2) of the per diem rate of pay for unused sick days provided for in Article 18 to a maximum accumulation of sixty (60) days. Thirty (30) additional unused sick days will be paid for at the current guest/substitute teacher pay rate to tenure teachers with ten or more years of seniority in the Xxxx School District. All tenure teachers with less than ten years of seniority in the Xxxx School District shall upon termination of employment from the Xxxx School District receive severance pay in the amount of the current guest/substitute teacher pay rate for unused sick days provided for in Article 18 to a maximum accumulation of ninety (90) days. Probationary teachers are not eligible for severance pay. Severance pay shall be paid within two (2) pay periods of request for said severance pay. Such request shall be made within twelve (12) months of termination. Severance pay will not be paid in cases where proper notice of leaving was not given or where illegal or immoral or other unethical conduct by the employee is involved. A teacher whose severance payment is five thousand dollars ($5,000.00) or more shall have said payment deposited into a 403 (b) offered through the District.

SEVERANCE PAY AND RETIREMENT/RESIGNATION. 29.1 28.1 All tenure teachers with ten or more years of seniority in the Xxxx School District shall upon termination of employment from the Xxxx Schools, receive severance pay in the amount of one half (1/2) of the per diem rate of pay for unused sick days provided for in Article 18 17 to a maximum accumulation of sixty (60) days. Thirty (30) additional unused sick days will be paid for at the current guest/substitute teacher pay rate to tenure teachers with ten or more years of seniority in the Xxxx School District. All tenure teachers with less than ten years of seniority in the Xxxx School District shall upon termination of employment from the Xxxx School District receive severance pay in the amount of the current guest/substitute teacher pay rate for unused sick days provided for in Article 18 17 to a maximum accumulation of ninety (90) days. Probationary teachers are not eligible for severance pay. Severance pay shall be paid within two (2) pay periods of request for said severance pay. Such request shall be made within twelve (12) months of termination. Severance pay will not be paid in cases where proper notice of leaving was not given or where illegal or immoral or other unethical conduct by the employee is involved. A teacher whose severance payment is five thousand dollars ($5,000.00) or more shall have said payment deposited into a 403 (b) offered through the District.

SEVERANCE PAY AND RETIREMENT/RESIGNATION. 29.1 28.1 All tenure teachers with ten or more years of seniority in the Xxxx School District shall upon termination of employment from the Xxxx Schools, receive severance pay in the amount of one half (1/2) of the per diem rate of pay for unused sick days provided for in Article 18 17 to a maximum accumulation of sixty (60) days. Thirty (30) additional unused sick days will be paid for at the current guest/substitute teacher pay rate to tenure teachers with ten or more years of seniority in the Xxxx School District. All tenure teachers with less than ten years of seniority in the Xxxx School District shall upon termination of employment from the Xxxx School District receive severance pay in the amount of the current guest/substitute teacher pay rate for unused sick days provided for in Article 18 17 to a maximum accumulation of ninety (90) days. Probationary teachers are not eligible for severance pay. Severance pay shall be paid within two (2) pay periods of request for said severance pay. Such request shall be made within twelve (12) months of termination. Severance pay will not be paid in cases where proper notice of leaving was not given or where illegal or immoral or other unethical conduct by the employee is involved. A teacher whose severance payment is five thousand dollars ($5,000.00) or more shall have said payment deposited into a 403 (b) offered through the District.403

SEVERANCE PAY AND RETIREMENT/RESIGNATION. 29.1 28.1 All tenure teachers with ten or more years of seniority in the Xxxx School District shall upon termination of employment from the Xxxx Schools, Schools receive severance pay in the amount of one half (1/2) of the per diem rate of pay for unused sick days provided for in Article 18 17 to a maximum accumulation of sixty (60) days. Thirty (30) additional unused sick days will be paid for at the current guest/substitute teacher pay rate to tenure teachers with ten or more years of seniority in the Xxxx School District. All tenure teachers with less than ten years of seniority in the Xxxx School District shall upon termination of employment from the Xxxx School District Schools receive severance pay in the amount of the current guest/substitute teacher pay rate for unused sick days provided for in Article 18 17 to a maximum accumulation of ninety (90) days. Probationary teachers are not eligible for severance pay. Severance pay shall be paid within two (2) pay periods of request for said severance pay. Such request shall be made within twelve (12) months of termination. Severance pay will not be paid in cases where proper notice of leaving was not given or where illegal or immoral or other unethical conduct by the employee is involved. A teacher whose severance payment is five thousand dollars ($5,000.00) or more shall have said payment deposited into a 403 (b) offered through the District.