Common use of VOLUNTARY SEPARATION PLAN Clause in Contracts

VOLUNTARY SEPARATION PLAN. A. All Certified Staff covered by this Master Agreement who are at least forty-six (46) years of age and who have worked as a Certified Staff in the District for at least fifteen (15) years will be eligible to participate in a voluntary separation benefit plan. Age and benefit shall be calculated as of July 1, 2018 and age 55 shall be reached in the school year prior to separation. The Voluntary Separation Plan will cease to exist beyond fiscal year 2018-19. The Board will retain the power to grant the Certified Staff separation mid-year if all appropriate conditions have been met. Those who are employed less than full-time may participate in the plan on a pro-rata basis. If a Certified Staff is hired for a partial year which would include a minimum of one full semester (consecutive days) they would qualify for a ½ year credited towards their voluntary separation plan.

VOLUNTARY SEPARATION PLAN. A. All Certified Staff certified staff covered by this Master Agreement who are at least forty-six (46) years of age and who have worked as a Certified Staff certified staff in the District for at least fifteen (15) years will be eligible to participate in a voluntary separation benefit plan. Age and benefit shall be calculated as of July 1, 2018 2018, and age 55 shall be reached in the school year prior to separation. The Voluntary Separation Plan will cease to exist beyond fiscal year 2018-19. The Board will retain the power to grant the Certified Staff certified staff separation mid-year if all appropriate conditions have been met. Those who are employed less than full-time may participate in the plan on a pro-rata basis. If a Certified Staff certified staff is hired for a partial year which would include a minimum of one full semester (consecutive days) they would qualify for a ½ year credited towards their voluntary separation plan.