Common use of Year Plan Clause in Contracts

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 31 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six five and seventy five hundredths percent (65.75%) over the employee’s TRS creditable earnings for the prior years of employment respectively. In order to be eligible for this retirement incentive, employees must be employed by the District for the seventeen (17) consecutive years that precede the retirement date.

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May no later than March 1 three (3) years prior to beginning the year of retirementincentive, the employee will be removed from the salary schedule schedule, and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six five percent (65%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May February 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule schedule, and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.