Purpose of the ERI Plan Sample Clauses

Purpose of the ERI Plan. The purpose of this Plan is to assist eligible members of the Association's bargaining unit who may voluntarily elect resignation or retirement from Benzie County Central Schools. Participation in this Plan is totally voluntary on the part of the eligible employee. The maximum number of participants in the Plan shall be three (3). The Board may, however, at its sole discretion, expand the total number of participants. Participation in the Plan by applicants in excess of three (3) persons shall be subject to Board approval. In all instances participation shall be determined on the basis of district seniority, i.e., those with the greatest seniority participate first. This plan shall apply solely and exclusively to individuals represented by the Association bargaining unit. An individual's resignation shall be considered null and void if she/he is not accepted by the Board for participation in the Plan.
Sample 1
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