Common use of Early Notification Incentive Clause in Contracts

Early Notification Incentive. Any employee eligible to retire and has at least 10 years of service with the District shall receive an incentive of One Thousand Dollars ($1,000) for providing the District with early notification of retirement. In order to receive the early notification incentive, the employee must provide written notification to the Board Treasurer by January 1. The Board will pay out the incentive to qualifying employees in one lump sum at the same time as any severance payment.

Early Notification Incentive. Any employee eligible to retire and has at least 10 ten (10) years of service with the District shall receive an incentive of One Thousand Dollars ($1,000) for providing the District with early notification of retirement. In order to receive the early notification incentive, the employee must provide written notification to the Board Treasurer by January 1at least ninety (90) days prior to separation. The Board will pay out the incentive to qualifying employees in one lump sum at the same time as any severance payment.