Common use of RETIREMENT BENEFIT A Clause in Contracts

RETIREMENT BENEFIT A. Retirement Procedures 16 B. Teachers with ten years’ experience with LCSC as of June 2004 (Buy-Out Plan) C. Other teachers employed with LCSC during the 2003-2004 school year (Ongoing Plan)‌ 17 17 D. Teachers hired by LCSC after the conclusion of the 2003-2004 school year (Ongoing Plan)‌ 18 E. Additional information that applies to teachers in C & D 18 F. Retirement Insurance Program 19 Forfeiture Policy for teachers who are not vested‌ 19 Additional Information on VEBA and 401(a)‌ 19 VII‌ CO-CURRICULAR AND EXTRA CURRICULAR STIPENDS A. Co-Curricular 21 B. Extra-Curricular 22 VIII.‌ EFFECT OF THE AGREEMENT A. Severability 29 B. Entire Agreement 29 C. Ratification 30 Article I: Agreement‌‌‌‌‌‌‌‌‌‌‌‌

RETIREMENT BENEFIT A. Retirement Procedures 16 17 B. Teachers with ten years’ years experience with LCSC as of June 2004 (Buy-Out Plan) C. Other teachers employed with LCSC during the 2003-2004 school year (Ongoing Plan)‌ Plan) 17 17 18 D. Teachers hired by LCSC after the conclusion of the 2003-2004 school year (Ongoing Plan)‌ Plan) 18 E. Additional information that applies to teachers in C & D 18 19 F. Retirement Insurance Program 19 Forfeiture Policy for teachers who are not vested‌ vested 19 Additional Information on VEBA and 401(a)‌ 19 VII‌ 401(a) 20 VII CO-CURRICULAR AND EXTRA CURRICULAR STIPENDS A. Co-Curricular 21 B. Extra-Curricular 22 VIII.‌ VIII. EFFECT OF THE AGREEMENT A. Severability 29 28 B. Entire Agreement 29 28 C. Ratification 30 28 Article I: Agreement‌‌‌‌‌‌‌‌‌‌‌‌Agreement

RETIREMENT BENEFIT A. Retirement Procedures 16 B. Teachers with ten years’ experience with LCSC as of June 2004 (Buy-Out Plan) C. Other teachers employed with LCSC during the 2003-2004 school year (Ongoing Plan)‌ Plan) 17 17 D. Teachers hired by LCSC after the conclusion of the 2003-2004 school year (Ongoing Plan)‌ Plan) 18 E. Additional information that applies to teachers in C & D 18 F. Retirement Insurance Program 19 Forfeiture Policy for teachers who are not vested‌ vested 19 Additional Information on VEBA and 401(a)‌ 401(a) 19 VII‌ VII CO-CURRICULAR AND EXTRA CURRICULAR STIPENDS A. Co-Curricular 21 B. Extra-Curricular 22 VIII.‌ VIII. EFFECT OF THE AGREEMENT A. Severability 29 28 B. Entire Agreement 29 28 C. Ratification 30 28 Article I: Agreement‌‌‌‌‌‌‌‌‌‌‌‌Agreement