Common use of Year Plan Clause in Contracts

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 31 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 31 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 31 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six five and seventy five hundredths percent (65.75%) over the employee’s TRS creditable earnings for the prior years of employment respectively. In order to be eligible for this retirement incentive, employees must be employed by the District for the seventeen (17) consecutive years that precede the retirement date.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

Year Plan. If an eligible employee gives the Board an and irrevocable letter of retirement prior to May 31 June 30th, three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years year of employment the employee’s TRS creditable earnings earning shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years year of employment respectivelyemployment.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 31 February 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 31 no later than March 1 three (3) years prior to beginning the year of retirementincentive, the employee will be removed from the salary schedule schedule, and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six five percent (65%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 31 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule schedule, and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Sources: Teacher Contract

Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 31 1 three (3) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final three (3) years of employment the employee’s TRS creditable earnings shall be increased by six percent (6%) over the employee’s TRS creditable earnings for the prior years of employment respectively.

Appears in 1 contract

Sources: Collective Bargaining Agreement