Common use of Transition Year Benefit Clause in Contracts

Transition Year Benefit. This benefit was referred to as the “93-93 Benefit” in prior contracts and is currently referred to by XXXX as a 110 Contract; this is the PERA Transition Year while on a PERA Transition Contract. Teachers retiring at the close of a school year may choose to work an additional year under the PERA-approved Transition Year plan, whereby such electing Teacher would retire at the end of a school year, and, while drawing PERA benefits, work the 187-day year for the subsequent school year in their current position for payment generally equivalent to the salary in effect during such Teacher’s last year of regular employment. (If the number of work days in the Transition Year differs from the number of work days in the Teacher’s last year of regular employment, then the Transition Year salary shall be adjusted by the Teacher’s per diem rate of pay.) Teachers are limited to only one (1) school year of participation in the Transition Year plan. During the years covered by this Agreement, the Transition Year Benefit will be available to all Members not on a Targeted Support Plan at the time of retirement. Those retirees electing the Transition Year option will have five (5) days of paid sick leave during their Transition Year. For each sick day beyond five (5) but no more than ten (10), the retiree’s pay will be reduced by the Cost of a Substitute Contribution Rate. For each sick day beyond ten (10) during the Transition Year, the retiree’s pay will be reduced by the per diem pay for that retiree. Teachers working on an approved Transition Year Contract at the time of a tuition reimbursement deadline are not eligible for tuition reimbursement under Article Thirteen during the Transition Year, unless tuition reimbursement requests from non- Transition Year plan Teachers who have submitted tuition reimbursement requests by the deadlines identified in Section 13.4 are less than the funds made available by that

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Transition Year Benefit. This benefit was referred to as the “93-93 Benefit” in prior contracts and is currently referred to by XXXX as a 110 Contract; this is the PERA Transition Year while on a PERA Transition Contractcontracts. Teachers retiring at the close of a school year may choose to work an additional year under the PERA-approved Transition Year plan, whereby such electing Teacher would retire at the end of a school year, and, while drawing PERA benefits, work the 187184-day year for the subsequent school year in their current position for payment generally equivalent to the salary in effect during such Teacher’s 's last year of regular employment. (If the number of work days in the Transition Year differs from the number of work days in the Teacher’s last year of regular employment, then the Transition Year salary shall be adjusted by the Teacher’s per diem rate of pay.) Teachers are limited to only one (1) school year of participation in the Transition Year plan. plan.‌ During the years covered by this Agreement, the Transition Year Benefit will be available to all Members not on a Targeted Support Plan Level II of the District's evaluation system at the time of retirement. Those retirees electing the Transition Year option will have five (5) days of paid sick leave during their Transition Year. For each sick day beyond five (5) but no more than ten (10), the retiree’s 's pay will be reduced by the Cost amount of a Substitute Contribution Ratethe substitute pay for such day. For each sick day beyond ten (10) during the Transition Year, the retiree’s 's pay will be reduced by the per diem pay for that retiree. Teachers working on an approved Transition Year Contract at the time of a tuition reimbursement deadline are not eligible for tuition reimbursement under Article Thirteen 13 during the Transition Year, unless tuition reimbursement requests from non- non-Transition Year plan Teachers who have submitted tuition reimbursement requests by the deadlines identified in Section 13.4 are less than the funds made available by thatthat section. If funds are remaining, tuition reimbursement requests from Transition Year Teachers will be paid up to the limit of remaining funds. If more than one (1) Transition Year Teacher requests reimbursement and the total exceeds available funds, the payments will be pro-rated.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Transition Year Benefit. This benefit was referred to as the “93-93 Benefit” in prior contracts and is currently referred to by XXXX as a 110 Contract; this is the PERA Transition Year while on a PERA Transition Contract. Teachers retiring at the close of a school year may choose to work an additional year under the PERA-approved Transition Year plan, whereby such electing Teacher would retire at the end of a school year, and, while drawing PERA benefits, work the 187185-day year for the subsequent school year in their current position for payment generally equivalent to the salary in effect during such Teacher’s 's last year of regular employment. (If the number of work days in the Transition Year differs from the number of work days in the Teacher’s last year of regular employment, then the Transition Year salary shall be adjusted by the Teacher’s per diem rate of pay.) Teachers are limited to only one (1) school year of participation in the Transition Year plan. During the years covered by this Agreement, the Transition Year Benefit will be available to all Members not on a Targeted Support Plan at the time of retirement. Those retirees electing the Transition Year option will have five (5) days of paid sick leave during their Transition Year. For each sick day beyond five (5) but no more than ten (10), the retiree’s 's pay will be reduced by the Cost of a Substitute Contribution Rate. For each sick day beyond ten (10) during the Transition Year, the retiree’s 's pay will be reduced by the per diem pay for that retiree. Teachers working on an approved Transition Year Contract at the time of a tuition reimbursement deadline are not eligible for tuition reimbursement under Article Thirteen during the Transition Year, unless tuition reimbursement requests from non- non-Transition Year plan Teachers who have submitted tuition reimbursement requests by the deadlines identified in Section 13.4 are less than the funds made available by thatthat section. If funds are remaining, tuition reimbursement requests from Transition Year Teachers will be paid up to the limit of remaining funds. If more than one (1) Transition Year Teacher requests reimbursement and the total exceeds available funds, the payments will be pro-rated.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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