Common use of Retirement Stipend Clause in Contracts

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. 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 ’s Retirement System and receiving a pension.

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 December 15 of the school calendar year in which they will retireimmediately preceding the calendar year of retirement, shall receive a stipend of $1,500.00 2,000.00 following their retirement. Retirement is defined as being eligible for retirement under the New York State Teacher’ s ’s Retirement System and receiving a pension.