Examples of Extended Transition Period in a sentence
For Extended Transition Period A Employees who do not elect to participate in the defined benefit Retirement Incentive Program in writing by April 1, 2017, the Extended Transition Retirement Incentive Program is closed on April 2, 2017.
For Extended Transition Period B Employees who do elect to participate in the Retirement Incentive Program in writing by April 1, 2018, the Extended Transition Retirement Incentive Program remains open until the Extended Transition Employee’s date of separation but not later than the last day of the Spring, 2019 academic term.
All requirements of the program under this policy must still be met during this period in order to receive the Extended Transition Retirement Incentive Program benefit as an Extended Transition Period A Employee.
Extended Transition Period A Employees are those who become eligible for the Extended Transition Retirement Incentive Program on January 1, 2017 but not later than December 31, 2017.
All requirements of the program under this policy must still be met during this period in order to receive the Extended Transition Retirement Incentive Program benefit as an Extended Transition Period B Employee.
For Extended Transition Period B Employees who do not elect to participate in the defined benefit Retirement Incentive Program in writing by April 1, 2018, the Extended Transition Retirement Incentive Program is closed on April 2, 2018.
For Extended Transition Period A Employees who do elect to participate in the Retirement Incentive Program in writing by April 1, 2017, the Extended Transition Retirement Incentive Program remains open until the Extended Transition Employee’s date of separation but not later than the last day of the Spring, 2018 academic term.
Extended Transition Period B Employees must make an irrevocable commitment in writing to retire from the college and submit it to the College’s Human Resources department by April 1, 2018.
Extended Transition Period A Employees who commit to retire under this program must separate from the college no later than the last day of the Spring, 2018 academic term.
Extended Transition Period B Employees who commit to retire under this program must separate from the college no later than the last day of the Spring, 2019 academic term.