Common use of Victory Lap Program Clause in Contracts

Victory Lap Program. The Board and the Association hereby establish the option of an additional year of employment for members of the bargaining unit retiring on or before May 31, under the following conditions and criteria: 1. A bargaining unit member must be eligible for retirement under STRS. 2. A bargaining unit member must make a written request to the Superintendent to participate in the program by May 31, and must also submit a written resignation, effective May 31. The Board will act to accept the bargaining unit member’s resignation due to retirement on or before June 30. 3. For each qualified bargaining unit member who is eligible for the incentive, said bargaining unit member shall complete the school year during which the incentive is requested (at least through May 31) and be entitled to employment for the following school year. The Board still must follow the requirements of R.C. 3307.353, prior to the employment of a retiree. 4. A bargaining unit member in the incentive program shall maintain all rights contained in the Negotiated Agreement, but shall only receive compensation at Step 5, not to exceed Column V (Masters), if eligible, as well as receiving any negotiated benefits package (to include insurance) for which the bargaining unit member is eligible. 5. The employment of the bargaining unit member in good standing shall end on June 30 of the victory lap year, without any further action by the Board of Education. No notice of nonrenewal is required. It is the intention of the parties that this provision supersede R.C. 3319.11, 3319.111, and 3319.112. 6. The bargaining unit member shall receive the severance to which he/she is entitled pursuant to Article V(J) of the Negotiated Agreement no later than a pay date in September of the year of retirement.