Stipend Period. All monthly payments under early retirement shall cease upon the occurrence of any of the following: death of the retired employee; the employee attaining age sixty-five (65); or the District having made 84 monthly retirement payments to the employee. It is understood that once the employee has been granted early retirement status, his/her rights hereunder cannot be terminated by the District.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Stipend Period. All monthly payments under early retirement shall cease upon the occurrence of any of the following: death of the retired employee; the employee attaining age sixty-five (65); or the District having made 84 monthly retirement payments to the employee. It is understood that once the employee has been granted early retirement status, his/her their rights hereunder cannot be terminated by the District.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Stipend Period. All monthly payments under early retirement shall cease upon the occurrence of any of the following: death of the retired employee; the employee attaining age sixty-five (65); or the District having made 84 monthly retirement payments to the employee. It is understood that once the employee has been granted early retirement status, his/her their rights hereunder cannot be terminated by the District.
Appears in 1 contract
Samples: Collective Bargaining Agreement
