One Year Notice Sample Clauses

One Year Notice. If the teacher provides one year's notice, the teacher's salary shall be adjusted so that the teacher shall receive in the following school year an increase in total TRS creditable earnings up to the increase in total TRS creditable earnings up to the sum shown in the column "Retirement Bonus" from table in paragraph 1a of this agreement, or 6% increase in the teacher's total TRS creditable earnings for the year compared to the prior year, whichever is less. In addition, the teacher shall receive the additional compensation as specified in paragraph 1d.
Sample 1Sample 2
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One Year Notice. The teacher’s salary shall be adjusted so that the teacher shall receive in the current school year an increase of 6.0% over the total creditable earnings the teacher received in the prior school year.
Sample 1
One Year Notice. Teachers who give a one-year notice of intent to 31 retire by May 15, 2023 will receive a six percent (6%) increase in creditable 32 earnings in the final year of service. 34 Teachers who give a one-year notice of intent to retire during 35 subsequent years commencing in 2024 will receive a five percent (5%) 36 increase in creditable earnings in the first year. 37 38 Should a teacher electing this retirement option no longer 39 coach, sponsor, or serve on previously held paid positions after giving 40 notice of their intentions to accept this retirement option, then the 41 appropriate percentage amount in salary will be adjusted accordingly and 42 recalculated to reflect the teacher’s new creditable earnings status. 44 45 46 48 3 Should a teacher be required to use his/her personal vehicle for school business, mileage 4 from the school to the destination and back to the school will be reimbursed at the current 5 IRS rate per mile. If a school car is available, no reimbursement shall be made. 6 Employee shall be reimbursed according to Board Policy 5:60 Expenses, subsection 7 Travel, number 3. 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 3 Years Years Lane 21/22 22/23 4 1 6% 3.5 18 19 BS+14 57627.39 59644.35 17 21 BS+8 58478.69 60525.44 16 1PT 21 BS+12 61216.67 63359.25 7 3PT 12 BS 44329.37 45880.90 5 1PT 10 MS 50361.77 52124.43 8 1PT 9 MS 50565.30 52335.09 4 5 BS+18 45735.42 47336.16 2 2 BS 39711.05 41100.94 2 4PT 7 BS 21240.13 21983.53 2 3 BS 40818.75 42247.41 2 7 MS 50677.28 52450.98 2 3 BS 40264.90 41674.17 2 5 BS 41372.60 42820.64 2 3 BS 40457.55 41873.56 2 6 MS 50123.43 51877.75 1 5 MS 49555.00 51289.43 5 6 *Includes Teacher Retirement Contributions 7 ** YEARS= District Years; YEARS 1= Compensation Years 8 ** Years, Years 1 and Lane Placement for the 2021-2022 school year only. Future years, years 9 1 and lane change increases not reflected above. 10 ** Lane Change Pay Increase Rate: BS + 6 and/or BS + 12 - $1400.00 per lane
Sample 1
One Year Notice. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 stating that he/she shall retire at the end of the next school year, the employee will be removed from the salary schedule and for the final year of employment the employee’s TRS creditable earnings shall receive a salary increase equivalent to the contract percentage raise over the employee’s TRS creditable earnings for the prior year of employment. In order to be eligible for this retirement incentive, employees must be employed by the District for fifteen (15) consecutive years that precede the retirement date.
Sample 1
One Year Notice. The employee’s salary shall be adjusted so that the employee shall receive in the current school year an increase of 6.0% over the total creditable earnings the employee received in the prior school year.
Sample 1
One Year Notice. Teachers who give a one-year notice of intent to 34 retire by May 15, 2021 will receive a six percent (6%) increase in creditable 35 earnings in the final year of service. 37 Teachers who give a one-year notice of intent to retire during 38 subsequent years commencing in 2022 will receive a five percent (5%) 39 increase in creditable earnings in the first year. 40 41 Should a teacher electing this retirement option no longer 42 coach, sponsor, or serve on previously held paid positions after giving 43 notice of their intentions to accept this retirement option, then the 44 appropriate percentage amount in salary will be adjusted accordingly and 45 recalculated to reflect the teacher’s new creditable earnings status.
Sample 1

Related to One Year Notice

  • Employee Notice After review of the employee’s timely response, if any, the University shall notify the employee of any action to be taken. An effective date of separation shall follow the employee’s timely response or, if no response is provided, shall be at least ten (10) calendar days from the date of issuance of the notice of intention to separate, pursuant to Section C., above.

  • Notice to Employee If an employment agreement entered into after August 1, 1977 contains a provision requiring the employee to assign or offer to assign any of the employee’s rights in any invention to an employer, the employer must also, at the time the agreement is made, provide a written notification to the employee that the agreement does not apply to an invention for which no equipment, supplies, facility or trade secret information of the employer was used and which was developed entirely on the employee’s own time, and (1) which does not relate (a) directly to the business of the employer or (b) to the employer’s actual or demonstrably anticipated research or development, or (2) which does not result from any work performed by the employee for the employer.

  • CAFA Notice Pursuant to 28 U.S.C. § 1715, not later than ten (10) days after the Agreement is filed with the Court, the Settlement Administrator shall cause to be served upon the Attorneys General of each U.S. State in which Settlement Class members reside, the Attorney General of the United States, and other required government officials, notice of the proposed settlement as required by law, subject to Paragraph 5.1 below.

  • Employer Notice If the Employer creates a new position, it shall give written notice to the Union classification department of the job classification/wage level it has assigned to that position, pursuant to Article 61 - Wage Schedules and shall provide a copy of the new job description to the Union, pursuant to Article 23 – Job Descriptions.

  • Prior Notice The Parties agree that:

  • Transfer Notice At least two (2) Business Days before each Acquisition Date, the Administrator shall deliver to the Depositor, the Issuer and the Indenture Trustee a Transfer Notice for the Additional Receivables to be transferred and absolutely assigned on that Acquisition Date, which will specify the Additional Receivables Transfer Amount, and will have delivered with it an electronic file containing the Schedule of Receivables; and

  • Termination Warning Notice 5.B The Secretary of State may serve a Termination Warning Notice where he considers that:

  • Qualifying Period If a regular employee is promoted or transferred to a position, then that employee shall be considered a qualifying employee in her new position for a period of ninety (90) calendar days. If a regular employee is promoted or transferred to a position either within or outside the certification and is found to be unsatisfactory, she shall be returned to her previously held position. If a regular employee is promoted to a position, either within or outside the certification, and finds the position to be unsatisfactory, she shall be returned to her previously held position.

  • Notice to Employer Employee agrees to notify Employer immediately of any employers for whom Employee works or provides services (whether or not for remuneration to Employee or a third party) during the Specified Term or within the Restrictive Period. Employee further agrees to promptly notify Employer, during Employee’s employment with Employer, of any contacts made by any gaming licensee which concern or relate to an offer of future employment (or consulting services) to Employee.

  • Termination Notice If either Party, having become entitled to do so, decides to terminate this Agreement pursuant to the preceding Clause 8.2 (a) (i) or 8.2 (a) (ii), it shall issue Termination Notice setting out:

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