Common use of Retirement Incentive Program Clause in Contracts

Retirement Incentive Program. Any eligible teacher who is retiring under the Kansas Public Employees Retirement System may elect to take advantage of the resignation incentive program (hereinafter called the program) under the terms and conditions set forth in this plan. The program is entirely voluntary and at the discretion of the eligible teacher. Teachers must take advantage of the program at the end of a contract year. However, with mutual agreement between the teacher and the superintendent, and if special health or personal circumstances are present, access to the program may be allowed during the school year.

Appears in 4 contracts

Sources: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement