Retirement Pay. A terminal leave payment shall be paid to an employee upon retirement based upon the total accumulated sick leave accrued on the date of retirement provided written notice is given to the Superintendent of Schools or his/her designee a minimum of three (3) months (90 calendar days) in advance and subject to the following provisions:
Appears in 5 contracts
Samples: Letter of Agreement, Letter of Agreement, Agreement
Retirement Pay. A terminal leave payment shall may be paid to an employee upon retirement based upon one-half (1/2) of the total accumulated sick leave accrued on the date of retirement provided written notice is given to the Superintendent of Schools or his/her designee a minimum of three (3) months (90 calendar days) in advance and subject to the following provisions:
Appears in 3 contracts
