Common use of Withdrawal from Plan Clause in Contracts

Withdrawal from Plan. A teacher may withdraw from the Plan any time prior to March 1st of the calendar year in which the leave of absence is to begin. Upon withdrawal, any monies accumulated, plus accrued interest, shall be repaid to the teacher within sixty

Withdrawal from Plan. A teacher may withdraw from the Plan any time prior to March 1st of the calendar year in which the leave of absence is to begin. Upon withdrawal, any monies accumulated, plus accrued interest, shall be repaid to the teacher within sixtysixty (60) days of notification of the teacher’s desire to leave the plan.