Retirement Notification Stipend Sample Clauses

Retirement Notification Stipend. Professional Staff Members retiring from the Beavercreek City schools will be eligible for an early notification stipend of $500.00. The Professional Staff Member will be eligible for this stipend when he/she:
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Retirement Notification Stipend. Section 1 If, on or before the one year date prior to the employee’s retirement, the employee submits his/her resignation letter (for purposes of retirement) to the Superintendent, the employee will receive a stipend in the amount of 5% of his/her last annual gross salary up to a maximum of $1,000. The amount of the stipend will be spread evenly across all remaining pay periods following board approval of the employee’s retirement letter. If any member leaves before completing the work year, the employee must repay the amount of any stipend received.
Sample 1Sample 2Sample 3
Retirement Notification Stipend. Upon submission to the District of a signed letter of retirement (effective at the end of the school year) on or before February 1, retiring employees shall be given a one-time stipend of $500.
Sample 1Sample 2
Retirement Notification Stipend. Professional Staff Members retiring from the Beavercreek City schools will be eligible for an early notification stipend of $500.00. The Professional Staff Member will be eligible for this stipend when he/she: establishes his/her retirement date with the State Teachers' Retirement System (STRS); is eligible to collect from STRS on that established date; submits a letter of resignation for the purpose of retirement to the Beavercreek Board of Education's Personnel Office no later than February 1, for a retirement date at the end of the current school year. The notification stipend will be paid in the first month the Professional Staff Member is retired.
Sample 1Sample 2
Retirement Notification Stipend. If a paraprofessional has completed ten (10) or more years of service in the Midland Public Schools system, and notifies (in writing) the director of human resources on or before March 1 of the year they intend to retire that they will retire, and completes the school year, they will be entitled to the following stipend:
Sample 1
Retirement Notification Stipend. If a paraprofessional has completed ten (10) or more years of service in the Midland Public Schools system, and notifies (in writing) the Director of Human Resources on or before March 1 of the year they intend to retire that they will retire, and completes the school year, they will be entitled to the following stipend: Paraprofessionals at Step 7 (Category I and II) and have 10 years of service in 2017- 2018 will receive $100 per year of service, if notified before March 1 deadline. If a paraprofessional does not meet the notification requirements as listed, the paraprofessional will be paid $50.00 for each year of service in the district, up to a maximum of $1000.00 upon retirement as outlined under the retirement provisions of the State Retirement Act. Paraprofessionals at Step 7 and below and less than 10 years of service in 2017-2018 will received $50 per year of service, if notification before March 1 deadline. If a paraprofessional does not meet the notification requirements as listed, the paraprofessional will be paid $25.00 for each year of service in the district, up to a maximum of $1000.00 upon retirement as outlined under the retirement provisions of the State Retirement Act. To be eligible for this benefit, a paraprofessional must have worked for the Midland Public Schools at least 10 years and retire by June 30. The number of years of service with M.P.S. will be calculated in the same way as the M.P.S.E.R.S. calculates years of service. Paraprofessionals must notify the Director of Human Resources on or before March 1, and finish the school year to receive the stipend. If the Director of Human Resources receives notice before March 1, the paraprofessional must give at least a 60-day notice to be eligible for the stipend.
Sample 1
Retirement Notification Stipend. Employees who submit a signed letter of resignation for the purpose of retirement on or before March 15 of the current school year shall be given $500.00 additional severance pay. To be eligible for this benefit the employee must complete the adopted school calendar plus other additional and supplemental duties under contract. Employees must have served their last five (5) years in the service of the Woodmore Local Schools to qualify for severance pay. Employees who are currently employed by the Board who are at Step 24 and above, as of July 1, 2018, shall receive a supplemental retirement stipend upon retirement that is equal to the difference between $2,000.00 and the total amount of all longevity payments to the employee.
Sample 1
AutoNDA by SimpleDocs
Retirement Notification Stipend. Each eligible ABSASP member shall receive an additional two thousand ($2,000) if he/she submits a letter of resignation for the purpose of retirement more than one hundred twenty (120) calendar days prior to the effective date of his/her retirement.
Sample 1
Retirement Notification Stipend. Unit members who submit to the District Human Resources Office an irrevocable resignation for purposes of retirement with an effective date of no later than the end of the then current school year shall receive a $1,000.00 Retirement Notification Stipend from the District. The irrevocable resignation for purposes of retirement must be received by the District Human Resources Office no later than close of business on February 15th (or the preceding Friday if February 15th falls on a Saturday or Sunday). Effective with the 2010-2011 school year, any bargaining unit members participating in the collective bargaining agreement Pre- Retirement program as provided in Section 14.1 or the Early Retirement program as provided in Section 14.2 shall not be eligible for the Retirement Notification Stipend.
Sample 1

Related to Retirement Notification Stipend

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

  • Effective Date of Benefits Your coverage will become effective on your date of eligibility, provided you are actively at work on a full time basis. If you are not actively at work on the date insurance would normally commence, coverage will begin on your return to work full time for full pay.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Supplemental Benefits The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Article 17.03.

  • Termination Benefits (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Post Retirement Health Care Benefit Employees who separate from State service and who, at the time of separation are insurance eligible and entitled to immediately receive an annuity under a State retirement program, shall be entitled to a contribution of two hundred fifty dollars ($250) to the Minnesota State Retirement System’s (MSRS) Health Care Savings Plan. Employees who have a HCSP waiver on file shall receive a two hundred fifty dollars ($250) cash payment. If the employee separates due to death, the two hundred fifty dollars ($250) is paid in cash, not to the HCSP. An employee who becomes totally and permanently disabled on or after January 1, 2008, who receives a State disability benefit, and is eligible for a deferred annuity under a State retirement program is also eligible for the two hundred fifty dollar ($250) contribution to the MSRS Health Care Savings Plan. Employees are eligible for this benefit only once.

Time is Money Join Law Insider Premium to draft better contracts faster.