Common use of VOLUNTARY SEPARATION PLAN Clause in Contracts

VOLUNTARY SEPARATION PLAN. A. All Certified Staff covered by this Master Agreement who are at least forty-six (46) years of age and who have worked as a Certified Staff in the District for at least fifteen (15) years will be eligible to participate in a voluntary separation benefit plan. Age and benefit shall be calculated as of July 1, 2018 and age 55 shall be reached in the school year prior to separation. The Voluntary Separation Plan will cease to exist beyond fiscal year 2018-19. The Board will retain the power to grant the Certified Staff separation mid-year if all appropriate conditions have been met. Those who are employed less than full-time may participate in the plan on a pro-rata basis. If a Certified Staff is hired for a partial year which would include a minimum of one full semester (consecutive days) they would qualify for a ½ year credited towards their voluntary separation plan. B. Only two (2) eligible Certified Staff may terminate their employment under this plan in any fiscal year at the full benefit. If more than two (2) eligible Certified Staff apply, the Board shall select the applicants for separation based on the following criteria: 1. Total years of Certified Staff service. (In the case of a tie(s), the Board will move to #2, and then #3 respectively). 2. Years of service to the District 3. First to reach age 55 The Board may waive this two (2) person limit and allow more Certified Staff to separate in a year. Prior to the March 1st deadline for application submission, the Business Manager and the superintendent will meet with the Association to discuss the number of Certified Staff who will be allowed to separate that fiscal year. Should a Certified Staff be denied voluntary separation because of the number of people requesting separation benefits in any one year that Certified Staff would receive first preference the following year with no decrease in the benefits from the day the application was originally made. C. Applications for participation in the plan must be submitted to the Board prior to March 1 of the fiscal year in which the Certified Staff wishes to terminate employment. Approval by the Board of the Certified Staff’s application will constitute a voluntary resignation and will result in the termination of employment in the District at the end of the current contract. Acceptance will also constitute a termination of the Certified Staff’s continuing contract status. The Board will notify applicants of its decision within 30 days of the March 1 application deadline. D. When an eligible Certified Staff is approved for the voluntary separation benefit, the person will become eligible to receive remuneration as follows: 15 to 42 years of Certified Staff service 2.75% 43 years of Certified Staff service 1.75% 44 years of Certified Staff service 1.25% 45 years of Certified Staff service 0.75% 46 years and more of Certified Staff service 0.10% of their 2018-19 contracted salary times the number of years of qualified service in the District (maximum of 30 years) times 50%. Certified staff who have reached 15 years of service and have reached age 60 prior to July 1, 2018 will not be subject to the 50% reduction until March 1, 2020. The contracted salary is the regular teaching salary found on the salary schedule and shall not include any extra duty pay or pay for extra days. E. The money will be paid in four, five, or six payments as elected by the Certified Staff. No installment may be greater than 25% of the total benefit and no more than two payments may be made in any fiscal year. Payments will be made only on July 15 and January 15. All monies to which the Certified Staff is entitled must be paid out within three fiscal years after separation. Alternatively, the money will be paid on a monthly basis less appropriate deductions. A yearly worksheet will be provided to each Certified Staff on this plan. F. All payments made under this plan will be subject to Federal Withholding Taxes. G. In the event that a Certified Staff who is receiving benefits under this plan should die before all of the benefits under the plan have been paid, the portion of the benefit which has not been paid shall be paid to a beneficiary designated by the Certified Staff. If no beneficiary has been designated, the payment shall be made to the estate of the deceased and that shall fully discharge the District’s obligation under this article. H. Persons who voluntarily separate under the provisions of this agreement will be allowed to remain on the District’s applicable benefit plans until they find other coverage, or they are able to obtain Medicare. The person shall be responsible for paying his/her own premiums for this coverage once they have received their twelve (12) months of contracted health benefits. Persons who lapse on these monthly payments will be notified by registered letter that their policy will terminate 30 days after the last due date unless payment is made in full. I. The Board and the Association will review this voluntary separation plan on an annual basis.

VOLUNTARY SEPARATION PLAN. A. All Certified Staff covered by this Master Agreement who are at least forty-six (46) years of age and who have worked as a Certified Staff in the District for at least fifteen (15) years will be eligible to participate in a voluntary separation benefit plan. Age and benefit shall be calculated as of July 1, 2018 and age 55 shall be reached in the school year prior to separation. The Voluntary Separation Plan will cease to exist beyond fiscal year 2018-19. The Board will retain the power to grant the Certified Staff separation mid-year if all appropriate conditions have been met. Those who are employed less than full-time may participate in the plan on a pro-rata basis. If a Certified Staff is hired for a partial year which would include a minimum of one full semester (consecutive days) they would qualify for a ½ year credited towards their voluntary separation plan. B. Only two (2) eligible Certified Staff may terminate their employment under this plan in any fiscal year at the full benefit. If more than two (2) eligible Certified Staff apply, the Board shall select the applicants for separation based on the following criteria: 1. Total years of Certified Staff service. (In the case of a tie(s), the Board will move to #2, and then #3 respectively). 2. Years of service to the District. 3. First to reach age 55 55. The Board may waive this two (2) person limit and allow more Certified Staff to separate in a year. Prior to the March 1st deadline for application submission, the Business Manager and the superintendent Superintendent will meet with the Association to discuss the number of Certified Staff who will be allowed to separate that fiscal year. Should a Certified Staff be denied voluntary separation because of the number of people requesting separation benefits in any one year that Certified Staff would receive first preference the following year with no decrease in the benefits from the day the application was originally made. C. Applications for participation in the plan must be submitted to the Board prior to March 1 of the fiscal year in which the Certified Staff wishes to terminate employment. Approval by the Board of the Certified Staff’s application will constitute a voluntary resignation and will result in the termination of employment in the District at the end of the current contract. Acceptance will also constitute a termination of the Certified Staff’s continuing contract status. The Board will notify applicants of its decision within 30 days of the March 1 application deadline. D. When an eligible Certified Staff is approved for the voluntary separation benefit, the person will become eligible to receive remuneration as follows: 15 to 42 years of Certified Staff service 2.75% 43 years of Certified Staff service 1.75% 44 years of Certified Staff service 1.25% 45 years of Certified Staff service 0.75% 46 years and more of Certified Staff service 0.10% of their 2018-19 contracted salary times the number of years of qualified service in the District (maximum of 30 years) times 50%. Certified staff who have reached 15 years of service and have reached age 60 prior to July 1, 2018 will not be subject to the 50% reduction until March 1, 2020. The contracted salary is the regular teaching salary found on the salary schedule and shall not include any extra duty pay or pay for extra days. E. The money will be paid in four, five, or six payments as elected by the Certified Staff. No installment may be greater than 25% of the total benefit and no more than two payments may be made in any fiscal year. Payments will be made only on July 15 and January 15. All monies to which the Certified Staff is entitled must be paid out within three fiscal years after separation. Alternatively, the money will be paid on a monthly basis less appropriate deductions. A yearly worksheet will be provided to each Certified Staff on this plan. F. All payments made under this plan will be subject to Federal Withholding Taxes. G. In the event that a Certified Staff who is receiving benefits under this plan should die before all of the benefits under the plan have been paid, the portion of the benefit which has not been paid shall be paid to a beneficiary designated by the Certified Staff. If no beneficiary has been designated, the payment shall be made to the estate of the deceased and that shall fully discharge the District’s obligation under this article. H. Persons who voluntarily separate under the provisions of this agreement will be allowed to remain on the District’s applicable benefit plans until they find other coverage, coverage or they are able to obtain Medicare. The person shall be responsible for paying his/her own premiums for this coverage once they have received their twelve (12) months of contracted health benefits. Persons who lapse on these monthly payments will be notified by registered letter that their policy will terminate 30 days after the last due date unless payment is made in full. I. The Board and the Association will review this voluntary separation plan on an annual basis.

VOLUNTARY SEPARATION PLAN. A. All Certified Staff certified staff covered by this Master Agreement who are at least forty-six (46) years of age and who have worked as a Certified Staff certified staff in the District for at least fifteen (15) years will be eligible to participate in a voluntary separation benefit plan. Age and benefit shall be calculated as of July 1, 2018 2018, and age 55 shall be reached in the school year prior to separation. The Voluntary Separation Plan will cease to exist beyond fiscal year 2018-19. The Board will retain the power to grant the Certified Staff certified staff separation mid-year if all appropriate conditions have been met. Those who are employed less than full-time may participate in the plan on a pro-rata basis. If a Certified Staff certified staff is hired for a partial year which would include a minimum of one full semester (consecutive days) they would qualify for a ½ year credited towards their voluntary separation plan. B. Only two (2) eligible Certified Staff certified staff may terminate their employment under this plan in any fiscal year at the full benefit. If more than two (2) eligible Certified Staff certified staff apply, the Board shall select the applicants for separation based on the following criteria: 1. Total years of Certified Staff certified staff service. (In the case of a tie(s), the Board will move to #2, and then #3 respectively). 2. Years of service to the District 3. First to reach age 55 The Board may waive this two (2) person limit and allow more Certified Staff certified staff to separate in a year. Prior to the March 1st 1 deadline for application submission, the Business Manager and the superintendent will meet with the Association to discuss the number of Certified Staff certified staff who will be allowed to separate that fiscal year. Should a Certified Staff certified staff be denied voluntary separation because of the number of people requesting separation benefits in any one year that Certified Staff certified staff would receive first preference the following year with no decrease in the benefits from the day the application was originally made. C. Applications for participation in the plan must be submitted to the Board prior to March 1 of the fiscal year in which the Certified Staff certified staff wishes to terminate employment. Approval by the Board of the Certified Staffcertified staff’s application will constitute a voluntary resignation and will result in the termination of employment in the District at the end of the current contract. Acceptance will also constitute a termination of the Certified Staffcertified staff’s continuing contract status. The Board will notify applicants of its decision within 30 days of the March 1 application deadline. D. When an eligible Certified Staff certified staff is approved for the voluntary separation benefit, the person will become eligible to receive remuneration as follows: 15 to 42 years of Certified Staff certified staff service 2.75% 43 years of Certified Staff certified staff service 1.75% 44 years of Certified Staff certified staff service 1.25% 45 years of Certified Staff certified staff service 0.75% 46 years and more of Certified Staff certified staff service 0.10% of their 2018-19 contracted salary times the number of years of qualified service in the District (maximum of 30 years) times 50%. Certified staff who have reached 15 years of service and have reached age 60 prior to July 1, 2018 2018, will not be subject to the 50% reduction until March 1, 2020. The contracted salary is the regular teaching salary found on the salary schedule and shall not include any extra duty pay or pay for extra days. E. The money will be paid in four, five, or six payments as elected by the Certified Staffcertified staff. No installment may be greater than 25% of the total benefit and no more than two payments may be made in any fiscal year. Payments will be made only on July 15 and January 15. All monies to which the Certified Staff certified staff is entitled must be paid out within three fiscal years after separation. Alternatively, the money will be paid on a monthly basis less appropriate deductionsdeduction. A yearly worksheet will be provided to each Certified Staff certified staff on this plan. F. All payments made under this plan will be subject to Federal Withholding Taxes. G. In the event that a Certified Staff certified staff who is receiving benefits under this plan should die before all of the benefits under the plan have been paid, the portion of the benefit which has not been paid shall be paid to a beneficiary designated by the Certified Staffcertified staff. If no beneficiary has been designated, the payment shall be made to the estate of the deceased and that shall fully discharge the District’s obligation under this article. H. Persons who voluntarily separate under the provisions of this agreement will be allowed to remain on the District’s applicable benefit plans until they find other coverage, or they are able to obtain Medicare. The person shall be responsible for paying his/her own premiums for this coverage once they have received their twelve (12) months of contracted health benefits. Persons who lapse on these monthly payments will be notified by registered letter that their policy will terminate 30 days after the last due date unless payment is made in full. I. The Board and the Association will review this voluntary separation plan on an annual basis.

VOLUNTARY SEPARATION PLAN. A. All Certified Staff certified staff covered by this Master Agreement who are at least forty-six (46) years of age and who have worked as a Certified Staff certified staff in the District district for at least fifteen (15) years will be eligible to participate in a voluntary separation benefit plan. Age and benefit shall be calculated as of July 1, 2018 2018, and age 55 shall be reached in the school year prior to separation. The Voluntary Separation Plan will cease to exist beyond fiscal year 2018-19. The Board will retain the power to grant the Certified Staff certified staff separation mid-year if all appropriate conditions have been met. Those who are employed less than full-time may participate in the plan on a pro-rata basis. If a Certified Staff certified staff is hired for a partial year which would include a minimum of one full semester (consecutive days) they would qualify for a ½ year credited towards their voluntary separation plan. B. Only two (2) eligible Certified Staff certified staff may terminate their employment under this plan in any fiscal year at the full benefit. If more than two (2) eligible Certified Staff certified staff apply, the Board shall select the applicants for separation based on the following criteria: 1. Total years of Certified Staff certified staff service. (In the case of a tie(s), the Board will move to #2, and then #3 respectively). 2. Years of service to the Districtdistrict 3. First to reach age 55 The Board may waive this two (2) person limit and allow more Certified Staff certified staff to separate in a year. Prior to the March 1st 1 deadline for application submission, the Business Manager and the superintendent will meet with the Association to discuss the number of Certified Staff certified staff who will be allowed to separate that fiscal year. Should a Certified Staff certified staff be denied voluntary separation because of the number of people requesting separation benefits in any one year that Certified Staff certified staff would receive first preference the following year with no decrease in the benefits from the day the application was originally made. C. Applications for participation in the plan must be submitted to the Board prior to March 1 of the fiscal year in which the Certified Staff certified staff wishes to terminate employment. Approval by the Board of the Certified Staffcertified staff’s application will constitute a voluntary resignation and will result in the termination of employment in the District district at the end of the current contract. Acceptance will also constitute a termination of the Certified Staffcertified staff’s continuing contract status. The Board will notify applicants of its decision within 30 days of the March 1 application deadline. D. When an eligible Certified Staff certified staff is approved for the voluntary separation benefit, the person will become eligible to receive remuneration as follows: 15 to 42 years of Certified Staff certified staff service 2.75% 43 years of Certified Staff certified staff service 1.75% 44 years of Certified Staff certified staff service 1.25% 45 years of Certified Staff certified staff service 0.75% 46 years and more of Certified Staff certified staff service 0.10% of their 2018-19 contracted salary times the number of years of qualified service in the District district (maximum of 30 years) times 50%. Certified staff who have reached 15 years of service and have reached age 60 prior to July 1, 2018 2018, will not be subject to the 50% reduction until March 1, 2020. The contracted salary is the regular teaching salary found on the salary schedule and shall not include any extra duty pay or pay for extra days. E. The money will be paid in four, five, or six payments as elected by the Certified Staffcertified staff. No installment may be greater than 25% of the total benefit and no more than two payments may be made in any fiscal year. Payments will be made only on July 15 and January 15. All monies to which the Certified Staff certified staff is entitled must be paid out within three fiscal years after separation. Alternatively, the money will be paid on a monthly basis less appropriate deductionsdeduction. A yearly worksheet will be provided to each Certified Staff certified staff on this plan. F. All payments made under this plan will be subject to Federal Withholding Taxes. G. In the event that a Certified Staff certified staff who is receiving benefits under this plan should die before all of the benefits under the plan have been paid, the portion of the benefit which has not been paid shall be paid to a beneficiary designated by the Certified Staffcertified staff. If no beneficiary has been designated, the payment shall be made to the estate of the deceased and that shall fully discharge the Districtdistrict’s obligation under this article. H. Persons who voluntarily separate under the provisions of this agreement will be allowed to remain on the Districtdistrict’s applicable benefit plans until they find other coverage, or they are able to obtain Medicare. The person shall be responsible for paying his/her own premiums for this coverage once they have received their twelve (12) months of contracted health benefits. Persons who lapse on these monthly payments will be notified by registered letter that their policy will terminate 30 days after the last due date unless payment is made in full. I. The Board and the Association will review this voluntary separation plan on an annual basis.