Retirement Pay. 19.01 Having reached the age requirements of the Michigan Public School Employees Retirement Plan and having completed at least ten (10) years of service with the Lansing School District, or upon death, the employee or beneficiary shall receive a lump sum payment computed by multiplying the employee's daily rate by fifty percent (50%) of accumulated sick leave days.
Appears in 6 contracts
Samples: Master Agreement, Master Agreement, Master Agreement
