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 I three (3) years prior to the year of retirement, the Teacher will be removed from the salary schedule and for the final three (3) years of employment the Teacher's nonexempt TRS creditable earnings shall be increased by six percent (6%) over the Teacher's nonexempt TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Year Plan. If an eligible Teacher gives the Board an irrevocable letter of retirement prior to May I three 1 one (31) years year prior to the year of retirementretirement stating that he/she shall retire at the end of the next school year, the Teacher will be removed from in lieu of the salary schedule and increase called for by the collective bargaining agreement then in effect, for the final three (3) years year of employment the Teacher's nonexempt ’s TRS creditable earnings shall be increased by six percent (6%) over the Teacher's nonexempt ’s TRS creditable earnings for the prior years year of employment respectivelyemployment.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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

Appears in 1 contract

Samples: Collective Bargaining Agreement

Year Plan. If an eligible Teacher gives the Board an irrevocable letter of retirement prior to May I three 1 four (34) years prior to the year of retirementretirement stating that he/she shall retire in four years, the Teacher will be removed from in lieu of the salary schedule and increases called for by the collective bargaining agreement then in effect, for the final three four (34) years of employment the Teacher's nonexempt ’s TRS creditable earnings shall be increased by six percent (6%) over the Teacher's nonexempt ’s TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Year Plan. If an eligible Teacher gives the Board an irrevocable letter of retirement prior to May I three 1 two (32) years prior to the year of retirement, the Teacher will be removed from the salary schedule and for the final three two (32) years of employment the Teacher's nonexempt TRS creditable earnings shall be increased by six percent (6%) over the Teacher's nonexempt TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Year Plan. If an eligible Teacher gives the Board an irrevocable letter of retirement prior to May I three 1 two (32) years prior to the year of retirementretirement stating that he/she shall retire in two years, the Teacher will be removed from in lieu of the salary schedule and increases called for by the collective bargaining agreement then in effect, for the final three two (32) years of employment the Teacher's nonexempt ’s TRS creditable earnings shall be increased by six percent (6%) over the Teacher's nonexempt ’s TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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