Advanced Notification Incentives Clause Samples

Advanced Notification Incentives. Eligibility: for purposes of this Advanced Notification Incentive, the term “eligible teacher” shall mean any teacher who meets each of the following requirements: a. A teacher who has served continuously as an employee in the District for ten (10) continuous years or more prior to retirement. An unpaid leave of absence of up to two (2) years duration shall not be deemed to interrupt such service, but any unpaid leave of absence for an entire school term shall not constitute a year of service. A year of service shall be defined as any year, full-time or part-time, as long as such service meets the minimum service requirements for creditable service under the Illinois Teachers' Retirement System; and b. A teacher who has not received an increase in creditable earnings of greater than 6% in any year preceding commencement of the salary enhancement plan which, if combined with the years of this plan, would have resulted in a TRS penalty to the District (so-called “look back”); and c. A teacher who has submitted a letter of resignation and an individual TRS report verifying the teacher's then known age, creditable service and creditable earnings to the Board of Education no later than February 15 of the school year prior to the school year during which the advance notification incentive is scheduled to commence, with said resignation to be effective at the end of the employee's final school year immediately preceding retirement.