Retirement Stipend. In recognition of long years of service to the District, the District agrees to pay a retirement stipend to employees who retire or resign after having completed fifteen (15) full years of service. Upon retirement from service, the employee shall receive a sum $190.87 multiplied by the employee’s number of pro-rata years of service in the Kalamazoo system. In recognition of daily attendance in the classroom, the District agrees to pay a supplementary stipend for unused accumulated sick days to employees who retire after having completed fifteen (15) full years of service. Upon retirement from service, the employee shall receive the sum of nine hundred dollars ($900), in addition to the above stipend, if s/he has at least one hundred twenty (120) unused accumulated sick days.
Retirement Stipend. Full-time teachers who are planning to retire at the end of a school year who submit in writing to the Superintendent of Schools a letter of resignation for retirement purposes on or before January 31 of the school year in which they will retire, shall receive a stipend of $1,500.00 following their retirement. Retirement is defined as being eligible for retirement under the New York State Teacher’ s Retirement System and receiving a pension.
Retirement Stipend. A unit member who has completed at least 10 consecutive years of licensed, active service with the North Clackamas School District, immediately prior to separation from the district, and who is eligible to retire under the guidelines established by PERS, shall receive a one-time contribution through the district’s HRA program for a personal Health Reimbursement Account (HRA) as outlined in the table below. An individual is only eligible to receive this benefit once. It is recommended that a member meet with a Human Resources administrator prior to the effective date of retirement to discuss the distribution of the retirement packages in accordance with the options and conditions presented below. It is understood that periods of approved OFLA/FMLA leave are deemed active service. Additional forms of approved leave, while not considered a break in consecutive service, will not count towards eligibility in determining years of service. Years of Consecutive, Licensed Active Service HRA Contribution 15-19 $22,500 20+ $30,000 Contributions to a unit member’s retirement HRA will be made in the first month following the effective retirement date. It is the unit member’s responsibility to determine PERS eligibility and provide verification to the district.
Retirement Stipend. 18-1 A Teacher shall be eligible to receive a retirement stipend under the following conditions:
Retirement Stipend. A. For employees who began work as a bargaining unit member prior to July 1, 2015, the Board will offer a retirement stipend of Thirty Thousand Dollars ($30,000.00) to those Members who retire on or after July 1, 2001 but on or before June 30 of the contract year in which they first are eligible to retire.
Retirement Stipend. The parties have tentatively agreed that a one-time stipend in the sum of $1,500.00 will be paid to any bargaining unit member who gives notice of his/her intent to retire by February 1 of the year in which he/she is going to retire. To be eligible for this one-time stipend, the teacher must work at least 120 days during the final school year of the teacher’s employment. The parties understand this is a program for the 2019-2020 school year and the stipends will be paid out of cash balance.
Retirement Stipend. The Legislative Council recognizes the high level of knowledge and expertise that legislative employees achieve during their employment tenure, and also recognizes the importance of retaining and transferring that institutional knowledge in the case of the retirement of an employee. A legislative employee with at least five (5) years of employment with the Legislature is eligible to receive a retirement stipend of five hundred dollars ($500) provided that the employee submits a written notice of retirement via email or hard copy to the employee’s office director at least ninety (90) calendar days in advance of the pending retirement date. The retirement stipend, subject to applicable tax withholdings, will be paid in a single payment at the time of final payment of wages.
Retirement Stipend. A. Each Administrator and Supervisor, who shall have rendered fifteen (15)* or more years of service to the Paramus Public Schools or at least ten (10) years of service to Paramus as an Administrator/Supervisor and who retire at age 55 years or older, as of the date of his/her retirement, and who shall retire for the following reasons during the time periods listed shall receive a retirement stipend if all of the following conditions are met:
Retirement Stipend. For the duration of this contract, an employee who is eligible to retire under the Teachers’ Retirement System of the State of Illinois (TRS) and has completed a minimum of fifteen
Retirement Stipend. Full-time administrators who are planning to retire at the end of a school year who submit in writing to the Superintendent of Schools a letter of resignation for retirement purposes, at least six months prior to the date they will retire, shall receive a stipend of $1,500.00 following the Board’s acceptance of their retirement. Or, for such notice, provided at least twelve months prior to the date they will retire, they shall receive a stipend of $2,500.00 following the Board’s acceptance of their retirement. Retirement is defined as being eligible for retirement under the New York State Teacher’s Retirement System and receiving a pension therefrom.
