Common use of Rate of Supplemental Compensation Clause in Contracts

Rate of Supplemental Compensation. 1. Each certified employee who retires under a state administered retirement system with at least twenty (20) years of pension credit and each non-certified employee who retires under a state administered retirement system with at least ten (10) years of pension credit shall be entitled upon retirement to supplemental compensation for accumulated sick leave days credited to such employee as of the last day of employment.

Appears in 4 contracts

Samples: Employee Agreement, Employee Agreement, Employee Agreement

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Rate of Supplemental Compensation. 1. Each certified employee who retires under a state administered retirement system with at least twenty (20) years of pension credit credit, and each non-certified employee who retires under a state administered retirement system with at least ten (10) years of pension credit shall be entitled upon retirement to supplemental compensation for accumulated sick leave days credited to such employee as of the last day of employment.

Appears in 1 contract

Samples: Employee Agreement

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