Common use of Early Payout of Sick Leave Terminal Pay Benefits Clause in Contracts

Early Payout of Sick Leave Terminal Pay Benefits. 1. Employees may submit a written resignation to the Human Resources Department a maximum of five (5) years in advance of their declared retirement date or submit a resignation date under the Deferred Retirement Option Program (Article VI.5). This written resignation may be revoked only in the event of a catastrophic occurrence that leaves the employee financially devastated. A standing committee consisting of one representative from each bargaining unit, appointed by that unit, and one representative appointed by the Superintendent, shall look at each case on an individual basis. If the resignation is revoked, the employee is still subject to all rules and regulations established under the appropriate State Statutes.

Early Payout of Sick Leave Terminal Pay Benefits. 1. Employees may submit a written resignation to the Human Resources Department a maximum of five three (53) years in advance of their declared normal retirement date or submit a resignation date under the Deferred Retirement Option Program (Article VI.5). This written resignation may be maybe revoked only in the event of a catastrophic occurrence that leaves the employee financially devastated. A standing committee consisting of one representative from each bargaining unit, appointed by that unit, and one representative appointed by the Superintendent, shall look at each case on an individual basis. If the resignation is revoked, the employee is still subject to all rules and regulations established under the appropriate State Statutesstatutes.

Early Payout of Sick Leave Terminal Pay Benefits. 1. Employees may submit a written resignation to the Human Resources Department a maximum of five (5) years in advance of their declared retirement date or submit a resignation date under the Deferred Retirement Option Program (Article VI.5)Program. This written resignation may be revoked only in the event of a catastrophic occurrence that leaves the employee financially devastated. A standing committee consisting of one (1) representative from each bargaining unit, appointed by that unit, and one (1) representative appointed by the Superintendent, shall look at each case on an individual basis. If the resignation is revoked, the employee is still subject to all rules and regulations established under the appropriate State Statutes.