SERVICE STIPEND. The Board of Education shall additionally pay to each eligible retiree a post- retirement service stipend for each year of full-time teacher service (or equivalent thereof) in District 106 of $550 per year of service, up to $20,000. This service stipend will not be due, owing or payable until after the teacher has retired and received his or her final paycheck for regular earnings.
SERVICE STIPEND. A. By separate contract, employees who meet criteria identified below shall receive a service stipend to perform any of the following responsibilities:
SERVICE STIPEND. For the term of this agreement employees that have completed 10 years or more of service with the District as of July 1 of the contract year will receive a “Service Stipend” amount (paid with the December payroll each year) in accordance with the following table: Years of Completed Service Service Stipend Amount* 10-14 years $600 15-19 years $700 20-24 years $800 25 years or more $1,000 * Classified staff members employed by the District as of July 1, 2015 who opted for the Early Retirement Benefit and are no longer eligible to receive such benefit shall be eligible for the Service Stipend Amount based on their years of completed service.
SERVICE STIPEND. During any semester in which an employee teaches a course at SFAI, they shall receive a special stipend in the amount of $125 for providing any of the following services:
SERVICE STIPEND. A post-retirement service bonus shall be paid to eligible retirees in the month of January following the Teacher’s retirement date. The amount of the bonus will be determined by the total number of years of full-time, continuous teaching employment in the District at the time of retirement. The service bonus shall be calculated as follows: Total Years of Full-Time Continuous Teaching Service in District 16 Percent of Final Year’s Salary 15-19 15% 20-24 18% 25+ 20% In the event the compensation to which a Teacher would otherwise be entitled under the provisions of this agreement in each of the years prior to retirement hereunder is less than the 6% stipend noted above, the Board will deduct from the amount represented by the service bonus noted here, sufficient dollars to raise said Teacher’s creditable earnings to the required 6% level. Such deductions will be reflected in percentage increases to the Teacher’s non-enhanced creditable earnings for each year such enhancement is required to reach the 6% figure (difference between 6% and the negotiated increases). All such percentage increases will be added and then the sum will be subtracted from the relevant “Percent of Final Year’s Salary”, as noted above, to determine the final amount of the service stipend, if any (see examples in Appendix J). Any dollars remaining from the service bonus calculation thereafter, shall be the property of the Teacher and paid as a post-retirement bonus as noted above.
SERVICE STIPEND. A. An employee legally separating from the District with 15 or more years of continuous service in the District, will be paid a length of service stipend amounting to .006 times the employee's annual salary at the time of retirement, times the employee's years of service.
SERVICE STIPEND. By separate contract, employees who meet criteria identified below shall receive a service stipend to perform any of the following responsibilities: Curriculum consultant; Mentor employee; Co-curricular assignment; Staff development; Or other responsibilities approved by the building or District administrators. Procedures: Present employees who will have completed twenty five (25) or more years of service in the State of Washington at the end of 2017-2018 school year shall be paid a one (1) year, one (1) time only service stipend in the amount of three thousand three hundred ninety five and 58/100 ($3,395.58).
SERVICE STIPEND. The Board encourages continuity, stability, and loyalty in employees. A stipend will be awarded to employees after five (5) full fiscal years of service are completed. After the fifth (5th) year, full-time employees will receive sixty-five dollars ($65) per year, and part-time employees will receive thirty- two dollars and fifty cents ($32.50) per year, for every full year of work finished. To qualify as a full year of service an employee must have been hired before November 1 of the fiscal year.
SERVICE STIPEND. Each member of the Bargaining Unit who becomes eligible for retirement and, in writing, notifies the Superintendent by March 1 for an end of the school year retirement or September 1 for an end of the first semester retirement, and, applies for retirement under the Public School Employees' Retirement System, shall be given a service stipend of $30.00 multiplied by the number of years of employment in the Elizabethtown Area School District, OR, at the employee's option, shall be given $40.00 for each day of his/her accumulated, unused sick leave. Failure to provide written notification will result in forfeiture of this benefit. Once a letter of notification is submitted to the Superintendent, it cannot be rescinded by the member. These timelines will not apply in the event of an unforeseen documented medical condition. In this situation, a Bargaining Unit member could submit a retirement notification without the loss of the service stipend.
SERVICE STIPEND. A. An ESP legally separating from the District with fifteen (15) or more years of continuous service in the District, will be paid a length of service stipend amounting to .006 times the ESP’s annual salary at the time of retirement, times the ESP’s years of service.
