Use of Board Paid Tax Sheltered Account to Purchase Retirement Service Credit. Eligible employees who tender an irrevocable letter of resignation on or before February 1st of the applicable school year and who comply with the provisions of section A of this Article, may receive the Board paid contribution in advance of the retirement date to use for purchase of retirement service credit in compliance with current tax and pension law. The letter of resignation must be effective within six months of the year the Board paid contribution is used to purchase retirement service credit.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
