Examples of Special Pay in a sentence
Qualifying leave balances of a separating employee who does not make an election will default to a Special Pay Account.
All monies payable upon retirement will be paid via the Board of Education approved Special Pay Plan, subject to the limitations of the Plan.
Dane County has adopted a Post-Retirement Leave Conversion Medical Reimbursement Plan (hereinafter, “Medical Plan”) and a Governmental 401(a) Special Pay Plan (hereinafter, “Retirement Plan”) (together called the “Plans”) to allow retiring employees to convert accumulated leave into a supplemental retirement benefit on a mandatory basis.
The School District will contribute fifty percent (50%) of the teacher’s incentive pay into an account within a Special Pay Deferral Plan administered by a company selected by Education Minnesota - OSSEO and the School District.
Participation in the Special Pay Plan is mandatory for all 24 eligible teachers.