Transition Provisions. The purpose of the matching tax deferred savings plan is to replace the severance payment and post retirement District insurance contributions provided for in Articles IX and XVII of the Agreement.
Appears in 4 contracts
Transition Provisions. The purpose of the matching tax deferred savings plan is to replace the severance payment in Article XV. Employees with a seniority date prior to July 1, 2007, may irrevocably choose to participate in the matching tax deferred savings plan and post retirement District insurance contributions provided for in Articles IX and XVII thereby forfeit their rights to the severance benefits of the AgreementArticle XV.
Appears in 3 contracts
Samples: School Service Employees, School Service Employees, School Service Employees
Transition Provisions. The purpose of the matching tax deferred savings plan is to replace the severance payment and post retirement District insurance contributions provided for in Articles IX and XVII of the AgreementMaster Contract.
Appears in 2 contracts
Samples: Between Agreement, Between Agreement