Common use of Two Year Plan Clause in Contracts

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

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

Two Year Plan. If an eligible Teacher teacher gives the Board an irrevocable letter of retirement prior to May March 1 two (2) years prior to the year of retirement, the Teacher teacher will be removed from the salary schedule and for the final two (2) years of employment the Teacherteacher’s nonexempt TRS creditable earnings shall be increased by six three percent (63%) over the Teacherteacher’s nonexempt TRS creditable earnings for the prior years of employment respectively.

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