Transition gap definition
Transition gap means the amount, whether positive or negative,
Transition gap means the period of time between the Participant’s last day of work in a Qualifying Position with one Qualified Employer and the Participant’s first day of work in a Qualifying Position with a different Qualifying Employer.
Transition gap means the amount, whether positive or negative, that results from subtracting the school district’s educational opportunity payment as calculated pursuant to 16 V.S.A. § 4010(f) from the school district’s education spending in fiscal year 2028, as adjusted for inflation. The school district’s education spending shall be adjusted for inflation annually on or before November 15 by the Secretary of Education.