Unused Sick Pay. A teacher who retires from teaching in the Erie School District shall be paid for his/her unused accumulated sick days at the rate of $80.00 per day with unlimited accumulation, provided the District is notified by letter to the Personnel Department at least ninety (90) days prior to July 1 of the planned retirement occurring during the following school year. In any event, the teacher shall be paid an amount of not less than $500. If the employee does not apply by July 1, he/she will not receive payment for unused sick days or Early Retirement Incentive until July of the following year. In the event of the death of the retiree, the balance of the amount due will be paid to the retiree’s beneficiary or estate each July in the same yearly amount being paid the retiree.
Appears in 3 contracts
Samples: Master Contract, Master Contract, Master Contract
Unused Sick Pay. A teacher who retires from teaching in the Erie School District shall be paid for his/her unused accumulated sick days at the rate of $80.00 100.00 per day with unlimited accumulation, provided the District is notified by letter to the Personnel Department at least ninety (90) days prior to July 1 of the planned retirement occurring during the following school year. In any event, the teacher shall be paid an amount of not less than $500. If the employee does not apply by July 1, he/she will not receive payment for unused sick days or Early Retirement Incentive until July of the following year. In the event of the death of the retiree, the balance of the amount due will be paid to the retiree’s beneficiary or estate each July in the same yearly amount being paid the retiree.
Appears in 3 contracts
Samples: Master Contract, Master Contract, Master Contract
Unused Sick Pay. A teacher who retires from teaching in the Erie School District shall be paid for his/her unused accumulated sick days at the rate of $80.00 per day with unlimited accumulation, provided the District is notified by letter to the Personnel Department at least ninety (90) days prior to July 1 of the planned retirement occurring during the following school year. In any event, the teacher shall be paid an amount of not less than $500. If the employee employe does not apply by July 1, he/she will not receive payment for unused sick days or Early Retirement Incentive until July of the following year. In the event of the death of the retiree, the balance of the amount due will be paid to the retiree’s beneficiary or estate each July in the same yearly amount being paid the retiree.
Appears in 1 contract
Samples: Master Contract