Golden Handshake definition

Golden Handshake inducement for retirement when the provisions of Education Code Section 22726 can be met.
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Golden Handshake. (Provisions expire on June 30, 2020) 18 Rim of the World Unified School District shall afford, per adoption of a Board 19 Resolution, the offering of the Public Employee Retirement System “Golden Handshake” 20 provision of AB146, which offers two (2) years service credit with PERS subject to the guideline 21 afforded by California Public Employees Retirement Law, Section 20586.
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Golden Handshake provisions shall apply to unaccommodated workers whenever a Developmental Center or the Department of Developmental Services elects to participate in a "Golden Handshake" program for any of its employees;
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Examples of Golden Handshake in a sentence

  • Changes in unfunded accrued liability due to a Golden Handshake will be amortized over a period of five years.

  • Employees Separation - Retirement, Termination, VRS, Golden Handshake, Suspension, Concepts & Methods, Grievance Procedure in Indian Industry.

  • This is an incentive plan available an employee who has not elected to participate in the "Golden Handshake" Program, as set forth in 14.3, is over the age of fifty-five (55), is eligible for STRS or PERS benefits and is contracted to perform professional instructional and non-instructional services as identified in Article 7, Sections 2 and 3 of this Agreement for a maximum of five (5) years.

  • The certificated employee must retire by June 30 of the year in which application approved in order to be eligible for the Golden Handshake.

  • The new Golden Handshake program will be in effect when provided for by legislation.

  • The Ceres Unified School District will participate in the Golden Handshake program.

  • The District agrees to study the feasibility of offering a Golden Handshake in conjunction with any proposals regarding layoffs and, if feasible, shall reopen negotiations with CSEA on this benefit.

  • Changes in unfunded accrued liability due to a Golden Handshake will be amortized over a period of 5 years.

  • The Golden Handshake Program will only be used as an optional retirement plan if the District chooses to offer the program.

  • In concept we agree with the offering of Golden Handshake to our District permanent employees who meet the requirements precluding any cost to the District.


More Definitions of Golden Handshake

Golden Handshake. CSEA may request that the Board consider offering a “Golden Handshake” to eligible unit members. If granted, the Board will open an application window for a “Golden Handshake” retirement incentive. The minimum requirements for Board consideration will be twenty years of district service, age 55 and retirement approval from the Public Employee Retirement Systems (PERS).
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Related to Golden Handshake

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  • STAR means Star Cruises Limited of Canon’s Court, 00 Xxxxxxxx Xxxxxx, Xxxxxxxx XX 00, Bermuda;

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Seaplane means an aeroplane capable normally of taking off from and alighting solely on water;

  • snippet means with respect to any Material Contract, a consent and agreement in favor of the Term Loan Collateral Agent (for the benefit of the Secured Parties) in substantially the form attached hereto as Exhibit F or otherwise in form and substance reasonably satisfactory to the Term Loan Collateral Agent and the Administrative Agent.","hash":"b253905eac2329f4ce5deee359573d97","id":7},{"snippetLinks":[{"key":"the-consent","type":"clause","offset":[6,17]},{"key":"dated-as-of","type":"definition","offset": [32,43]},{"key":"march","type":"clause","offset":[44,49]},{"key":"the-bank","type":"clause","offset":[72,80]},{"key":"sumitomo","type":"definition","offset":[87,95]},{"key":"heavy","type":"clause","offset":[96,101]},{"key":"industries","type":"clause","offset":[102,112]},{"key":"ltd","type":"clause","offset":[114,117]},{"key":"solely-for-purposes-of- section","type":"clause","offset":[120,150]},{"key":"borrower-and","type":"clause","offset":[173,185]},{"key":"certain","type":"clause","offset":[186,193]},{"key":"subsidiaries","type":"clause","offset":[208,220]}],"samples":[{"uri":"/contracts/8I1kKDYnIWF#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/ef30eXHgcuS#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/dwF8yXcI2kh#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21}],"size":6,"snippet":"means the Consent and Agreement dated as of March 30, 2009 by and among the Bank, SEN, Sumitomo Heavy Industries, Ltd. (solely for purposes of Section 2(b) thereunder), the Borrower and certain of Borrower’s Subsidiaries named therein.","hash":"e15b2264efd3078b83ce802817c2631f","id":8},{"snippetLinks":[{"key":"a-consent","type":"clause","offset":[6,15]},

  • Green means products, materials, methods and processes certified by a “Green Authority” that conserve natural resources, reduce energy or water consumption, avoid toxic or other polluting emissions or otherwise minimize environmental impact.

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • Sailboat means the same as that term is defined in Section 73-18-2.

  • TELRIC means Total Element Long-Run Incremental Cost.

  • Parade means any procession or body of pedestrians, except members of the Armed Forces, numbering more than 30, standing, marching or walking on any street or sidewalk, or any group of vehicles numbering ten or more, except funeral processions, standing or moving on any street;

  • Campfire means a small outdoor fire intended for recreation or cooking not including a fire intended for disposal of waste wood or refuse.

  • Skateboard means a board with small wheels that is usually ridden by a person. For purposes of these rules, a nonmotorized scooter (a board with a handle) is considered a skateboard.

  • Freeboard means a factor of safety usually expressed in feet above a flood level for purposes of floodplain management. "Freeboard" tends to compensate for the many unknown factors that could contribute to flood heights greater than the height calculated for a selected size flood and floodway conditions, such as wave action, blockage of bridge or culvert openings, and the hydrological effect of urbanization of the watershed.

  • foreshore , in relation to a port, means the area between the high-water mark and the low-water mark relating to that port;

  • Wagon means any Rollingstock designed to carry any load other than passengers;

  • Enterprises means DTE Enterprises, Inc., a Michigan corporation wholly-owned by the Borrower.

  • POPI means the Protection of Personal Information Act, 4 of 2013;

  • SID means the supplementary information document of which these Terms form part;

  • Raffle means a lottery in which the prize is won by (i) a random drawing of the name or

  • PETE means polyethylene terephthalate, labeled by the SPI code #1.

  • snippetLinks [{"key":"specifically","type":"clause","offset":[20,32]},{"key":"provided-herein","type":"clause","offset":[33,48]},{"key":"at-the-closing","type":"clause","offset":[50,64]},{"key":"the-parties-shall","type":"clause","offset":[65,82]},

  • Microenterprise means an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million;

  • Greenfield means land not developed beyond agricultural, range, or forestry use.

  • Crane means any self-propelled vehicle to which has been permanently mounted or attached any crane, whether or not such vehicle was originally a truck, tractor, or other type of motor vehicle or was designed and built as a complete crane unit. However, the word "crane," as herein defined, shall not be construed to mean any truck or other vehicle equipped with or to which has been affixed any device used for the purpose of providing a means for towing other vehicles.

  • Red means the chromaticity coordinates (x,y)4 of the light reflected that lie inside the chromaticity areas defined by the boundaries: R12 yellow boundary y = 0.335 R23 the spectral locus R34 the purple line R41 purple boundary y = 0.978 - x With intersection points: x y R1 0.643 0.335 R2 0.665 0.335 R3 0.735 0.265 R4 0.720 0.258

  • Edge of any water means the outer edge of the water's bankfull width or, where applicable, the outer edge of the associated channel migration zone.