Common use of Year Plan Clause in Contracts

Year Plan. If an eligible Teacher gives the Board an irrevocable letter of retirement prior to May 1 one (1) year prior to the year of retirement stating that he/she shall retire at the end of the next school year, in lieu of the salary increase called for by the collective bargaining agreement then in effect, for the final year of employment the Teacher’s TRS creditable earnings shall be increased by six percent (6%) over the Teacher’s TRS creditable earnings for the prior year of employment.

Year Plan. If an eligible Teacher gives the Board an irrevocable letter of retirement prior to May 1 one two (12) year years prior to the year of retirement stating that he/she shall retire at the end of the next school yearin two years, in lieu of the salary increase increases called for by the collective bargaining agreement then in effect, for the final year two (2) years of employment the Teacher’s TRS creditable earnings shall be increased by six percent (6%) over the Teacher’s TRS creditable earnings for the prior year years of employmentemployment respectively.

Year Plan. If an eligible Teacher gives the Board an irrevocable letter of retirement prior to May 1 one three (13) year years prior to the year of retirement stating that he/she shall retire at the end of the next school yearin three years, in lieu of the salary increase increases called for by the collective bargaining agreement then in effect, for the final year three (3) years of employment the Teacher’s TRS creditable earnings shall be increased by six percent (6%) over the Teacher’s TRS creditable earnings for the prior year years of employmentemployment respectively.

Year Plan. If an eligible Teacher gives the Board an irrevocable letter of retirement prior to May 1 one four (14) year years prior to the year of retirement stating that he/she shall retire at the end of the next school yearin four years, in lieu of the salary increase increases called for by the collective bargaining agreement then in effect, for the final year four (4) years of employment the Teacher’s TRS creditable earnings shall be increased by six percent (6%) over the Teacher’s TRS creditable earnings for the prior year years of employmentemployment respectively.

Year Plan. If an eligible Teacher gives the Board an irrevocable letter of retirement prior to May 1 one two (12) year years prior to the year of retirement stating that he/she shall retire at retirement, the end of the next school year, in lieu of Teacher will be removed from the salary increase called for by the collective bargaining agreement then in effect, schedule and for the final year two (2) years of employment the Teacher’s 's nonexempt TRS creditable earnings shall be increased by six percent (6%) over the Teacher’s 's nonexempt TRS creditable earnings for the prior year years of employmentemployment respectively.

Year Plan. If an eligible Teacher gives the Board an irrevocable letter of retirement prior to May 1 one I three (13) year years prior to the year of retirement stating that he/she shall retire at retirement, the end of the next school year, in lieu of Teacher will be removed from the salary increase called for by the collective bargaining agreement then in effect, schedule and for the final year three (3) years of employment the Teacher’s 's nonexempt TRS creditable earnings shall be increased by six percent (6%) over the Teacher’s 's nonexempt TRS creditable earnings for the prior year years of employmentemployment respectively.