Common use of Sick Leave Bonus Clause in Contracts

Sick Leave Bonus. Teachers who have accumulated one hundred twenty 120 days of sick leave at the end of the final year of service with the Corporation and are considered vested under the provisions of Sections A and C above shall have the sum of twelve thousand five hundred dollars ($12,500) added to their final teaching contract if they are retiring from Beech Grove City Schools. To receive the sick leave bonus retiring Teachers must submit a written unconditional and irrevocable letter of resignation to the Board no later than May 1st of the calendar year when retirement is to begin. However, in the event a Teacher is unable to give the notice because of an accident, ill health, or for another unforeseen reason, the Teacher may petition the Board for the sick leave bonus. The $12,500 sick leave bonus shall be paid to the Teacher within the remaining pays left on the Teacher’s last contract, and this bonus payment shall be included in the Teacher’s earnings history reported to ISTRF. Teachers who: (a) have accumulated one hundred twenty 120 days of sick leave at the end of the final year of service with the Corporation, and (b) are considered vested under the provisions of Sections A and C above, and (c) submit a written letter of resignation to the Board no later than February 1st of the school year when retirement is to begin for end of school year retirements or, for mid- school year retirements, by no later than September 1st, will receive an additional $2,500 added to their final teaching contract if they are retiring from Beech Grove City Schools. Teachers will have to request to be rehired by the Beech Grove Board of Education per Indiana Code IC 5-8-4-1 if they decide not to retire from BGCS after submitting the letter of resignation under this provision.

Sick Leave Bonus. Teachers who have accumulated one hundred twenty 120 days of sick leave at the end of the final year of service with the Corporation and are considered vested under the provisions of Sections A and C above shall have the sum of twelve thousand five hundred dollars ($12,500) added to their final teaching contract if they are retiring from Beech Grove City Schools. To receive the sick leave bonus retiring Teachers must submit a written unconditional and irrevocable letter of resignation to the Board no later than May 1st of the calendar year when retirement is to begin. However, in the event a Teacher is unable to give the notice because of an accident, ill health, or for another unforeseen reason, the Teacher may petition the Board for the sick leave bonus. The $12,500 sick leave bonus shall be paid to the Teacher within the remaining pays left on the Teacher’s last contract, and this bonus payment shall be included in the Teacher’s earnings history reported to ISTRF. Teachers who: (a) have accumulated one hundred twenty 120 days of sick leave at the end of the final year of service with the Corporation, and (b) are considered vested under the provisions of Sections A and C above, and (c) submit a written letter of resignation to the Board no later than February 1st of the school year when retirement is to begin for end of school year retirements or, for mid- school year retirements, by no later than September 1st, will receive an additional $2,500 added to their final teaching contract if they are retiring from Beech Grove City Schools. However, the teacher will receive another $2,500 (in addition to the first additional $2,500 noted herein) added to their final teaching contract if they are retiring from Beech Grove City Schools, meet the requirements in subparagraphs (a) and (b) above, and also submit a written letter of resignation to the Board no later than December 1st of the school year when retirement is to begin for end of school year retirements or, for mid-school year retirements, by no later than August 1st, Teachers will have to request to be rehired by the Beech Grove Board of Education per Indiana Code IC 5-8-4-1 if they decide not to retire from BGCS after submitting the letter of resignation under this provision.