Common use of RETIREMENT AND SOCIAL SECURITY Clause in Contracts

RETIREMENT AND SOCIAL SECURITY. All bargaining unit employees working in a position requiring six-hundred (600) or more hours per year must participate in the Illinois Municipal Retirement Fund (IMRF) and the Social Security program.

RETIREMENT AND SOCIAL SECURITY. All bargaining ‌ Bargaining unit employees working in a position requiring six-members who work six hundred (600) or more hours per fiscal year must participate in contribute to the Illinois Municipal Retirement Fund (IMRF) and the to federal Social Security program. The District shall pay its required IMRF employer contribution and the employee shall pay his/her required employee IMRF contribution.

RETIREMENT AND SOCIAL SECURITY. All bargaining unit employees working in a position requiring six-hundred (600) or more hours per year must participate in the Illinois Municipal Retirement Fund (IMRF) and the Social Security program. The District and the Association will at least annually review the possibility of offering the IMRF Early Retirement Incentive to IMRF employees of the District. If such a plan is deemed feasible, it will be submitted to the Board of Education for its consideration.

RETIREMENT AND SOCIAL SECURITY. All bargaining unit employees working in a position requiring six-six hundred (600) or more hours per year must participate in the Illinois Municipal Retirement Fund (IMRF) and the Social Security program.