Common use of Discontinuance of Service Clause in Contracts

Discontinuance of Service. Individuals who, for whatever reason, leave the service of the School District prior to eligibility for the balance of the payout shall retain ownership of School District contributions and personal contributions made on their behalf to the date of discontinuance of service. The School District shall retain no current or future liabilities for said investment programs as a result of the severing of service.

Appears in 4 contracts

Samples: Master Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Discontinuance of Service. Individuals who, for whatever reason, leave the service of the School District prior to eligibility for the balance of the payout shall retain ownership of School District contributions and personal contributions made on their behalf to the date of discontinuance of service. The School District shall retain has no current or future liabilities for said investment programs as a result of the severing of service.

Appears in 1 contract

Samples: Custodial and Maintenance Workers Collective Bargaining Agreement

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