Retirement Separation Allowance. Secretaries who qualify under the Michigan Public School Employees Retirement Act and have ten (10) years of service with the Lansing School District, after completion of their last year of service, shall receive $200 for each year of service in the District. In case of death prior to retirement, the cumulative amount shall be paid to the designated beneficiary.
Appears in 3 contracts
Sources: Master Agreement, Master Agreement, Master Agreement
Retirement Separation Allowance. Secretaries Administrators who qualify under the Michigan Public School Employees Retirement Act and have ten (10) years of service with the Lansing School District, after completion of their last year of service, shall receive $200 an amount for each year of service in the District. district up to a maximum, each in accordance with the following schedule: Amount Per Year Maximum $264.00 $7,045.00 In case of death prior to retirement, the cumulative accumulative amount shall be paid to the designated beneficiary.
Appears in 2 contracts
Sources: Master Agreement, Master Agreement
Retirement Separation Allowance. Secretaries Administrators who qualify under the Michigan Public School Employees Retirement Act and have ten (10) years of service with the Lansing School District, after completion of their last year of service, shall receive $200 an amount for each year of service in the District. District up to a maximum, each in accordance with the following schedule: Amount Per Year Maximum $264.00 $7,045.00 In case of death prior to retirement, the cumulative accumulative amount shall be paid to the designated beneficiary.
Appears in 1 contract
Sources: Master Agreement