Common use of Early Notification Incentive Clause in Contracts

Early Notification Incentive. Any teacher eligible to retire and has at least ten (10) years of service with the District shall receive an incentive of One Thousand Dollars ($1,000.00) for providing the District with early notification of retirement. Teachers eligible for retirement on or before June 30 must retire between May 31 and August 1 of that year and must notify the Board in writing of their resignation for retirement purposes by December 1 to qualify for the incentive.

Early Notification Incentive. Any teacher eligible to retire and has at least ten (10) years of service with the District shall receive an incentive of One Thousand Dollars ($1,000.00) for providing the District with early notification of retirement. Teachers eligible for retirement on or before June 30 must retire between May 31 and August 1 of that year and must notify the Board in writing of their resignation for retirement purposes by December March 1 to qualify for the incentive.