Common use of Two Year Plan Clause in Contracts

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) 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 6 contracts

Samples: Collective Bargaining Agreement, Agreement, Collective Bargaining Agreement

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Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 1st two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) years of employment the employee’s TRS creditable earnings earning shall be increased by six five percent (65%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 3 contracts

Samples: Professional Negotiations Agreement, Professional Negotiations Agreement, Professional Negotiations Agreement

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May February 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) 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 by And, Negotiated Agreement, Agreement

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 31 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) 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: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 two January 1, one (21) years year prior to the year of retirement, the employee will be removed from the salary schedule schedule, and for the final two (2) 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 of employment respectively.

Appears in 2 contracts

Samples: Professional Agreement, Professional Agreement

Two Year Plan. If an eligible employee Employee gives the Board an irrevocable letter of retirement prior to May February 1 two (2) years prior to the year of retirement, the employee Employee will be removed from the salary schedule and for the final two (2) years of employment the employeeEmployee’s TRS creditable earnings shall be increased by six percent (6%) over the employeeEmployee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 2 contracts

Samples: Agreement by And, Agreement

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 July 31, two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) 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

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) 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 sixteen (16) consecutive years that precede the retirement date.

Appears in 2 contracts

Samples: Agreement, Agreement

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) years of employment the employee’s TRS creditable earnings shall be increased by six five and seventy five hundredths percent (65.75%) 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 sixteen (16) consecutive years that precede the retirement date.

Appears in 2 contracts

Samples: Agreement, Agreement

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May no earlier than January 1 two (2) years prior to beginning the incentive, but prior to January 1, one (1) year prior to the year of retirement, the employee will be removed from the salary schedule schedule, and for the final two (2) 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 of employment respectively.

Appears in 1 contract

Samples: Professional Agreement

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May June 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule schedule, and for the final two (2) 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 employment, respectively.

Appears in 1 contract

Samples: core-docs.s3.amazonaws.com

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May June 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) 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

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 March 1, 2011, two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and off for the final two (2) 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 respectivelyemployment.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May August 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) 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

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 March 1, two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) 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

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May no later than March 1 two (2) years prior to beginning the year of retirementincentive, the employee will be removed from the salary schedule schedule, and for the final two (2) 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 of employment respectively.

Appears in 1 contract

Samples: Contract Agreement

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May March 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule schedule, and for the final two (2) 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

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule schedule, and for the final two (2) 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 of employment respectively.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule schedule, and for the final two (2) years of employment the employee’s TRS creditable earnings shall be increased by six five and one-quarter percent (65.25%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule schedule, and for the final two (2) 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: www.crestwood.k12.il.us

Two Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May June 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) 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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