Common use of Extra Duty Stipend Clause in Contracts

Extra Duty Stipend. If, after submitting an irrevocable notice of retirement by July 1, the employee resigns from or is dismissed from duties for which the employee was paid a stipend or additional compensation for the previous year, the retirement incentive for that employee will be recalculated accordingly. During the year(s) in which the retiring teacher is receiving the retirement incentive, the Board shall not require or compel the teacher to perform additional duties which would otherwise increase the teacher’s compensable earnings.

Extra Duty Stipend. If, after submitting an irrevocable notice of retirement by July 1, the employee resigns from or is dismissed from duties for which the employee was paid a stipend or additional compensation for the previous year, the retirement incentive for that employee will be recalculated accordingly. During the year(s) in which the retiring teacher employee is receiving the retirement incentive, the Board shall not require or compel the teacher employee to perform additional duties which would otherwise increase the teacheremployee’s compensable earnings.