Common use of Professional Development Stipend Clause in Contracts

Professional Development Stipend. On the first full pay period of each new calendar year, unit employees will receive a professional development stipend of $100 which shall be taxable. The professional development stipend shall not be considered in the calculation of highest year of pay for PERS retirement purposes.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding

Professional Development Stipend. On the first full pay period of each new calendar year, unit employees will receive a professional development stipend of $100 which shall be taxable. The professional development stipend shall not be considered in the calculation of highest year of pay for PERS retirement purposes.

Appears in 1 contract

Sources: Memorandum of Understanding