Common use of RETIREMENT INCREMENT Clause in Contracts

RETIREMENT INCREMENT. 37.1 A teacher, who as of the effective date of retirement will have completed fifteen (15) years of full time service in the Hull Public Schools, upon notification of retirement three (3) years in advance, shall be paid a $2,400 retirement increment in equal installments over the last three (3) years of employment. 37.2 Any teacher who desires to withdraw notice of retirement must petition to the School Committee no later than ninety (90) days prior to the retirement date the School Committee will consider emergencies and unavoidable hardships in reaching its decision. Should the petition be approved by the School Committee, repayment of all money received under this Article must be made within thirty (30) days of the approval date.

RETIREMENT INCREMENT. 37.1 44.1 A teachermember, who as of the effective date of retirement will shall have completed fifteen (15) years of full time service in the Hull Public Schools, upon notification of retirement three (3) years in advance, shall be paid a two thousand four hundred dollar ($2,400 2,400) retirement increment in equal installments over the last three (3) years of employment. 37.2 44.2 Any teacher member who desires to withdraw notice of retirement must petition to the School Committee Superintendent no later than ninety (90) days prior to the retirement date the School Committee will date. The Superintendent shall consider emergencies and unavoidable hardships in reaching its decision. Should the petition be approved by the School CommitteeSuperintendent, repayment of all money received under this Article must be made within thirty (30) days of the approval date.

RETIREMENT INCREMENT. 37.1 A teacher, who as of the effective date of retirement will have completed fifteen (15) years of full time service in the Hull Public Schools, upon notification of retirement three (3) years in advance, shall be paid a $2,400 retirement increment in equal installments over the last three (3) years of employment. 37.2 Any teacher who desires to withdraw notice of retirement must petition to the School Committee Superintendent no later than ninety (90) days prior to the retirement date the School Committee date. The Superintendent will consider emergencies and unavoidable hardships in reaching its decision. Should the petition be approved by the School CommitteeSuperintendent, repayment of all money received under this Article must be made within thirty (30) days of the approval date.