Common use of Vesting Requirement Clause in Contracts

Vesting Requirement. A teacher shall be fully vested in the retirement benefits described in this Article if the retiring teacher has satisfied the following requirement: the teacher has at least fifteen (15) years of teaching service in the White River Valley School Corporation, or its predecessor corporations.

Appears in 3 contracts

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