Non-Vested Employees. At retirement (at age sixty-five (65) years), a non-vested employee will be entitled to receive the balance arising from his/her own contributions only.
Non-Vested Employees. On termination of employment before retirement age, a non-vested employee will receive the balance arising from his/her own contributions. The Employer contributions will be forfeited by the employee and shall be used to offset future Employer contributions for the remaining participants in the Pension Plan.
Non-Vested Employees. 6.48 While in the first four years of employment in GPPSS, employees shall be provided 10 days in an Individual Leave Bank. During the first 4 years in the district, the employee shall have full roll into their Individual Roll Bank. During the first 4 years of employment, an employee may access their own Individual Roll Bank for personal illness. Upon commencing employment with the district, an employee may elect to purchase access to a Short Term Disability plan. After 4 full years of employment, an employee shall be considered vested for personal leave.
Non-Vested Employees. 7.79 While in the first four years of employment in GPPSS Employees, as defined in Paragraph 7.60, shall be provided 10 days in an Individual Leave Bank. During the first 4 years in the district, the Employee shall have full roll into their Individual Roll Bank. During the first 4 years of employment, an Employee may access their own Individual Roll Bank for personal illness. Upon commencing employment with the district, the Employee may elect to purchase access to the district Short Term Disability plan described above. Election of this program must be made upon employment with the district and must be continued through all four years of non-vested status.
Non-Vested Employees. If an Employee has at least a One-Year Break in -------------------- Service and has no vested percentage in such Employee's Accrued Benefit derived from Employer contributions, or if such Employee was never a Participant in the Plan, then Years of Service before such break shall not be taken into account if the number of consecutive One-Year Breaks in Service equals or exceeds the greater of five (5) years or the aggregate number of Years of Service before the break. Such aggregate number of Years of Service will not include any Years of Service disregarded under the preceding sentence by reason of prior Breaks in Service. If service before such break is required to be taken into account under this paragraph (C), such service before such break shall not be taken into account until the completion of one (1) Year of Service after such Employee's return to employment with the Employer. Participation shall be retroactive to the reemployment commencement date. For purposes of applying paragraphs (B) and (C), a Year of Service shall commence on an Employee's reemployment commencement date and, if necessary, shall include Plan Years beginning with the Plan Year which includes the first anniversary of the reemployment commencement date.
