Common use of Retirement Issues Clause in Contracts

Retirement Issues. 18.1 Reduced Workload a. Reduced services employment may consist of either of the following: Equivalent of one-half the number of sequential days of service required by the unit member’s contract of employment during his/her final year of service in a full-time position and will commence on the first day of the first half of the work year or the first day of the second half of the work year; or; Equivalent to half-time employment per day of the full school year. b. A unit member must have reached the age of fifty-five years prior to reduced services employment. The unit member must have been employed full-time in a position requiring certification for at least ten years of which the immediately preceding five years were full- time employment. c. A unit member shall be paid a salary which is one-half of the salary that would have been earned had the unit member not elected to exercise the option of reduced services employment. The unit member’s State Teachers Retirement System contribution, paid by both the District and the unit member, shall be the same as if the unit member taught full-time. d. The District shall provide participating unit members with health and welfare benefits according to Education Code 44922. e. This section shall conform to the mandatory provisions of Education Code 44922.

Retirement Issues. ‌ 18.1 Reduced Workload a. Reduced services employment may consist of either of the following: Equivalent of one-half the number of sequential days of service required by the unit member’s contract of employment during his/her final year of service in a full-time position and will commence on the first day of the first half of the work year or the first day of the second half of the work year; or; Equivalent to half-time employment per day of the full school year. b. A unit member must have reached the age of fifty-five years prior to reduced services employment. The unit member must have been employed full-time in a position requiring certification for at least ten years of which the immediately preceding five years were full- time employment. c. A unit member shall be paid a salary which is one-half of the salary that would have been earned had the unit member not elected to exercise the option of reduced services employment. The unit member’s State Teachers Retirement System contribution, paid by both the District and the unit member, shall be the same as if the unit member taught full-time. d. The District shall provide participating unit members with health and welfare benefits according to Education Code 44922. e. This section shall conform to the mandatory provisions of Education Code 44922.