RETIREMENT, TENURE AND THREE-YEAR EXTENDABLE APPOINTMENT RELINQUISHMENT Sample Clauses

This clause defines the rules and procedures regarding an employee's retirement, the duration of their tenure, and the process for relinquishing a three-year extendable appointment. It typically outlines when and how an individual must retire, the terms under which their appointment can be extended beyond the initial period, and the steps required to formally relinquish their position. For example, it may specify notice periods, eligibility for extensions, and any conditions that must be met for relinquishment. The core function of this clause is to provide clear guidelines for ending or extending employment relationships, thereby ensuring orderly transitions and minimizing disputes.
RETIREMENT, TENURE AND THREE-YEAR EXTENDABLE APPOINTMENT RELINQUISHMENT. Section A, Eligibility. Only faculty members who are tenured or on a three-year extendable contract are eligible under this Article to relinquish their tenure or three year extendable contract. To be eligible for the benefits under this Article, a faculty member must be at least 55 years of age on the effective date of the relinquishment, and submit their intent to relinquish tenure or three-year extendable contract to the ▇▇▇▇▇▇▇ through their Director by May 1, which is less than one year from the proposed relinquishment. Relinquishment shall be granted in the ordinary course by the ▇▇▇▇▇▇▇, except the ▇▇▇▇▇▇▇ retains discretion to deny relinquishment under the following circumstances: (1) a faculty member has previously received notice of non-renewal or termination (subject to the faculty member’s rights under Article 11.F.2.d(3)) or (2) a faculty member is later terminated for just cause (as defined by Article 16.A.1) prior to their final date of employment. 1) Any faculty member laid off and eligible via Article 11.F.2.d(3) 2) Any faculty member who attempted to relinquish in a previous year and was denied via this priority scheme 3) Any faculty member from a previous May 1 relinquishment cycle, who changes their retirement date during their Relinquishing Three-year Appointment, thereby establishing a new future liability valuation 4) By the greatest number of years of service at Southern Oregon University. If a faculty member attempts to relinquish after May 1 but before June 30 of a given year, they may do so as long as the added discounted liability for that fiscal year still does not cause the total new discounted liability for the fiscal year to exceed 1% of operational revenues. If the added discounted liability would cause the total new discounted liability to exceed 1% of operational revenues, they will be delayed to the following year and will be given priority
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RETIREMENT, TENURE AND THREE-YEAR EXTENDABLE APPOINTMENT RELINQUISHMENT. Section A, Eligibility. A faculty member may apply to the ▇▇▇▇▇▇▇ through the Director for relinquishment of tenure or three-year extendable appointment, provided that the faculty member is at least 55 years of age on the effective date of the relinquishment.
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Related to RETIREMENT, TENURE AND THREE-YEAR EXTENDABLE APPOINTMENT RELINQUISHMENT

  • Medical/Dental Appointments (a) Where medical and/or dental appointments cannot be scheduled outside the employee's working hours, sick leave with pay will be granted in accordance with Clause 19.1(c) (Sick Leave Credits). (b) Where an employee's qualified medical practitioner refers the employee to a Specialist, then any necessary travel time, to a maximum of one working day, for the employee to visit such Specialist, will be granted in accordance with Clause 19.1(c) (Sick Leave Credits).

  • Probation for Newly Hired Employees (a) The Employer may reject a probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Article 11.2

  • Probationary Appointments The duration of a probationary appointment for persons appointed after the signing of this Collective Agreement shall normally be six (6) years, unless a shorter period was stipulated in the letter of appointment.

  • Compensation Following Termination In the event that Executive’s employment hereunder is terminated, Executive shall be entitled only to the following compensation and benefits upon such termination:

  • Medical Appointment for Pregnant Employees 35.9.1 Up to three decimal seven five (3.75) hours of reasonable time off with pay for each appointment will be granted to pregnant employees for the purpose of attending routine medical appointments.