SEVERANCE PAY UPON RIF Sample Clauses

SEVERANCE PAY UPON RIF. It is the intent of the parties that any RIF'd teacher with 10 or more years of service and otherwise eligible shall be entitled to receive the severance payment for accumulated sick leave at any time after the teacher's last day of actual work of the school contract year in which the layoff occurred.
AutoNDA by SimpleDocs
SEVERANCE PAY UPON RIF. If it the intent of the parties that any RIF’d employee with ten (10) or more years of service and otherwise eligible shall be entitled to receive the severance payment for accumulated sick leave at any time after the employee’s last day of actual work of the school contract year in which the layoff occurred.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!