Common use of Three Year Plan Clause in Contracts

Three Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 3 contracts

Samples: Agreement, Agreement, Contractual Agreement

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Three Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six three percent (63%) over the employee’s TRS creditable earnings for the prior years of employment respectively.. In order to be eligible for this retirement incentive, employees must be employed by the District for the seventeen

Appears in 2 contracts

Samples: Agreement, Agreement

Three Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 July 31, three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 2 contracts

Samples: Agreement, Agreement

Three Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May February 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the employee’s final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six five and one-half percent (65.5%) over the employee’s TRS creditable earnings for the prior years year of employment respectively.

Appears in 1 contract

Samples: Agreement

Three Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May June 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s nonexempt TRS creditable earnings shall be increased to current law not to exceed by six four percent (64%) over the employee’s nonexempt TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Samples: Agreement

Three Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 March 1, three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS T S creditable earnings shall be increased by six percent (6%) over the employee’s TRS T S creditable earnings for the prior years of employment respectivelyemployment.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Three Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May August 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Three Year Plan. If an eligible employee gives give the Board an irrevocable letter of retirement prior to May June 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule schedule, and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six five percent (65%) over the employee’s TRS creditable earnings for the prior years year of employment respectively.

Appears in 1 contract

Samples: core-docs.s3.amazonaws.com

Three Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May March 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule schedule, and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Samples: Agreement

Three Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May February 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Samples: Agreement by And

Three Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May June 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s nonexempt TRS creditable earnings shall be increased by six percent (6%) over the employee’s nonexempt TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Samples: Professional Agreement

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