Common use of Retirement Procedure Clause in Contracts

Retirement Procedure. Any Faculty Member electing to take retirement under a retirement system identified in 18.2 of this Agreement, should give the Xxxx and University Benefits Division six months’ notice, in writing, of the anticipated date of retirement. Within ten (10) days after receipt of the notice, the Xxxx shall notify the Faculty Member of the benefits available to the Faculty Member and any application or other procedural requirements. After receipt of this information, the Faculty Member shall have thirty (30) days to rescind in writing his or her notice of retirement. If not so rescinded, the retirement notice shall become effective according to its terms.

Retirement Procedure. Any Faculty Member electing to take retirement under a retirement system identified in 18.2 of this Agreement, should give the Xxxx and University Benefits Division six months’ notice, in writing, of the anticipated date of retirement. Within ten seven (107) days after receipt of the notice, the Xxxx shall notify the Faculty Member of the benefits available to the Faculty Member and any application or other procedural requirements. After receipt of this information, the Faculty Member shall have thirty twenty-one (3021) days to rescind in writing his or her notice of retirement. If not so rescinded, the retirement notice shall become effective according to its terms.

Retirement Procedure. Any Faculty Member electing to take retirement under a retirement system identified in 18.2 of this Agreement, should give the Xxxx and University Benefits Division six months’ notice, in writing, of the anticipated date of retirement. Within ten seven (7)ten (10) days after receipt of the notice, the Xxxx shall notify the Faculty Member of the benefits available to the Faculty Member and any application or other procedural requirements. After receipt of this information, the Faculty Member shall have thirty twenty-one (21)thirty (30) days to rescind in writing his or her notice of retirement. If not so rescinded, the retirement notice shall become effective according to its terms.