Terminal Leave/Retirement Sample Clauses

Terminal Leave/Retirement. In case of death or severance, a $100.00 terminal-leave payment for each year of service to the Northwest Community Schools will be paid to the Secretary or their estate. In case of retirement under the Michigan Retirement Act, a payment of $100.00 for each year of service to the Northwest Community Schools will be made to the Secretary. In case of layoff, this payment may be paid to the Secretary upon his/her request but must be repaid if the Secretary is re-employed by the district as a condition of re-employment.
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Terminal Leave/Retirement. In case of death or severance a $300.00 terminal leave payment for each year of service to the Northwest Community Schools will be made the Administrator or their estate. In the case of retirement under the Michigan Retirement Act, a payment of $400.00 for each year of service to the Northwest Community Schools will be made to the Administrator. In case of layoff, this payment may be paid to the Administrator upon his/her request but must be repaid if the Administrator is re-employed by the district as a condition of re-employment. In the case of retirement under the Michigan School Employees Retirement Act or retirement due to existence of mandatory retirement legislation or in the event of the death of the employee, a terminal leave payment will be made to the employee or to the estate. Such payment will be made for all accumulated sick leave days at the rate of $30.00 per day for all employees. However, in no instance shall the total payment to one individual under this provision exceed $2,625.00. To be eligible the Administrator must have a minimum of Fifteen (15) years of administrative/teaching experience at Northwest Community Schools.
Terminal Leave/Retirement. In case of death or severance a $300.00 terminal leave payment for each year of service to the Northwest Community Schools will be made the Administrator or their estate. In the case of retirement under the Michigan Retirement Act, a payment of $400.00 for each year of service to the Northwest Community Schools will be made to the Administrator. In case of layoff, this payment may be paid to the Administrator upon his/her request but must be repaid if the Administrator is re-employed by the district as a condition of re-employment. To be eligible the Administrator must have a minimum of Fifteen (15) years of administrative experience at Northwest Community Schools. In the case of retirement under the Michigan School Employees Retirement Act or retirement due to existence of mandatory retirement legislation or in the event of the death of the employee, a terminal leave payment will be made to the employee or to the estate. Such payment will be made for all accumulated sick leave days at the rate of $30.00 per day, for those employees with 10 to 14 years of service as an Administrator at Northwest Community Schools. Or such payment will be made for all accumulated sick leave days at the rate of $40.00 per day, for those employees with 15 or more years of service as an Administrator at Northwest Community Schools. However, in no instance shall the total payment to one individual under this provision exceed $4,200.00. To be eligible the Administrator must have a minimum of Ten (10) years of administrative experience at Northwest Community Schools.

Related to Terminal Leave/Retirement

  • Pre-Retirement Leave An employee scheduled to retire and to receive a superannuation allowance under the applicable Superannuation Act(s), or who has reached the mandatory retiring age, shall be entitled to:

  • Pre-Retirement Counseling Leave ‌ After reaching earliest retirement age, each employee shall be granted up to three and one-half (3-1/2) days leave with pay to pursue bona fide pre-retirement counseling programs. Employees shall request the use of leave provided in this Article at least five (5) days prior to the intended date of use. Authorization for use of pre-retirement counseling leave shall not be withheld unless the Appointing Authority determines that the use of such leave will handicap the efficiency of the employee's work unit. When the dates requested for pre-retirement leave cannot be granted for the above reason, the Agency shall offer the employee a choice from three (3) other sets of dates. The leave herein discussed may be used to investigate and assemble the employee's retirement program, including PERS, Social Security, insurance and other retirement income.

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Maternity Disability Leave 14.1.13.1 This leave commences with the onset of disablement due to pregnancy. The employee may claim sick leave pay and/or extended disability pay for no more than that limited period of time when the employee’s physician certified in writing on the form provided by the District that she was actually physically disabled from performing her duties because of pregnancy, miscarriage, childbirth, or recovery there from.

  • Retirement Leave (a) Full-time nurses who:

  • Post-Retirement Employment Unit members who retire from the University during the term of this Agreement may propose a post-retirement appointment of up to three years duration. During this post-retirement appointment, the total of retirement benefits and post-retirement salary paid by the University shall not exceed the salary paid at the time of retirement. The annual compensation received from the University for the post-retirement appointment shall not exceed fifty (50) percent of the annual salary at the time of retirement. The duties for a post-retirement appointment shall be defined and agreed to in writing by the bargaining unit member and the Employer/University Administration prior to the bargaining unit member's retirement. Such appointments are at the discretion of the Employer/University Administration and are subject to existing law and all rules and regulations of the State Retirement Board. The decision of the Employer/University Administration not to approve a proposal for a post-retirement appointment shall not be grievable under the Grievance and Arbitration Procedure, Article 7.

  • Pregnancy Disability Leave A. Leave for pregnancy or childbirth related disability is in addition to any leave granted under FMLA or WFLA.

  • Parental Leave/Adoption Leave An employee will be granted unpaid parental leave for a period up to and including thirty-five (35) weeks, upon request and verification of:

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

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