Common use of IMRF Two Year Plan Clause in Contracts

IMRF Two Year Plan. If an employee hired prior to July 1, 2018 notifies the Board in writing on or before May 1st, two (2) years prior to his/her retirement, s/he shall receive a six percent (6%) increase added to each of his/her remaining years' salaries, subject to the limitations in Paragraph 9.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement