Limits and Deadlines Clause Samples

Limits and Deadlines. There will be ten incentives available per year. The window to apply for one of the ten incentives is January 1 through October 15 of the retirement year, and the deadline to retire is the last day of the last pay period of the retirement year. Employees must complete and turn in an application form within the above application window in order to be eligible for the incentive. Applicants must meet retirement eligibility requirements under their respective pension plans (i.e., LEOFF I, LEOFF II, SERS). SAFO acknowledges and agrees that Local 29 members may also apply for the incentive and that the above eligibility limits represent the total number of employees from both Local 29 and SAFO who are eligible for the incentive each year. If the City receives applications from more employees than the number eligible for each calendar year, the incentives will be given to the first ten employees who applied, without regard to whether employees are in Local 29 or SAFO. If an employee does not receive the incentive because the application was not one of the first ten, that employee may be eligible for the incentive in future years.
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Related to Limits and Deadlines

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