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ARTICLE
XXI
Section 4. Reemployment After Retirement
A.
Former employees may be re-employed unless expressly prohibited by state
law.
B. Nothing in this
Section constitutes a guarantee of employment.
Approval for
such employment will be made on an individual basis by the Employment
and Staffing Officer for Human Resources (or designee). Such employees
shall be rehired as an hourly teacher or as an annual contract teacher
and shall receive the same pay and benefits as regular teachers for the
term of their employment.
C.
Re-employed retirees who accrue sick leave days subsequent to retirement
shall be paid at the daily rate they earned at the time they first
became eligible for retirement.
ARTICLE XIV
Section 17. Terminal Pay
A. To
encourage and reward employees who exercise particular care in the
maintenance of their personal health and job attendance, the Board will
provide terminal pay to personnel at resignation, normal retirement, or
to their beneficiaries, if services are terminated by death. Any person
not in service at the time of retirement shall not receive these
benefits. Terminal pay shall not exceed an amount determined by the
daily rate of the employee at resignation, retirement, or death as
follows:
-
during the first three years of service, the daily rate of pay
multiplied by 35% times the number of days of accumulated sick
leave;
-
during the next three years of service, the daily rate of pay
multiplied by 40% times the number of days of accumulated sick
leave;
-
during the next three years of service, the daily rate of pay
multiplied by 45% times the number of days of accumulated sick
leave;
-
during and after the 10th year of service, the daily rate of pay
multiplied by 50% times the number of days of accumulated sick
leave;
-
during and after the 13th year of service and until when first
eligible for normal retirement, the daily rate of pay multiplied
by 100% times the number of days of accumulated sick leave.
Thereafter, the daily rate will remain frozen at the rate when
first eligible for normal retirement. In no case, however, shall
an employee whose daily rate has been frozen, pursuant to this
provision, receive less than the amount determined as in 4.
B.
Provisions for terminal pay at resignation apply only to those
sick/annual leave days accrued after July 1, 1982.
C.
Payment for the resignation and retirement benefit will be made within
60 calendar days of the effective resignation or retirement date.
D.
Resignation or retirement, as referred to herein, shall mean termination
of employment by action of the employee. Such termination excludes
resignation or retirement after a recommendation for dismissal or
resignation or retirement, after participation in a work stoppage, job
action, or strike, in the absence of specific approval by the Board. The
daily rate shall be computed by dividing the number of "working days"
that year into the annual salary. "Normal retirement", as referred to
herein, shall mean retirement under any retirement system established by
the Legislature, with either full or reduced benefits, as provided by
law. "Normal retirement" shall not be interpreted to include disability
retirement. Years of service shall mean creditable years of service
under any retirement system of the State of Florida.
E. M-DCPS
agrees to be the prospective client in whose name UTD can request an IRS
ruling on severance pay plans with the stipulation that any
participation by the district does not obligate the School Board in any
way.
APPENDIX D
Section 2
B.
Retirement Incentive Program
For employees
retiring from full-time service and who are retiring and terminating*
within the fiscal year (defined to allow completion of the current
school year) in which they first become eligible for normal retirement
as defined in 1., 2., and 3., below, the Board will establish a
temporary retirement incentive program, which will provide reimbursement
of the retiree's personal health insurance or health maintenance
organization premiums until such time as the retiree becomes eligible
for Medicare Parts A and B, at which time said reimbursement shall no
longer be made.
*Note:
Employees who have retired under the Deferred
Retirement Option Program (DROP) and terminate
employment within the fiscal year in which they first
became
eligible for normal retirement are eligible for
this
incentive. However, employees who have retired
under
DROP and continue employment beyond their
first
fiscal year of eligibility shall not be eligible for this
incentive.
The date when
an employee first becomes eligible for benefits under this Section will
include the earliest of the following:
-
an employee's eligibility for normal retirement under the Florida
Retirement System; or
-
an employee's eligibility for normal retirement under the Teachers!
Retirement System; or
-
an employee's eligibility for normal retirement under the State and
County Officers and Employees Retirement System.
In addition,
employees who retire under the M-DCPS Early Retirement Plan, as outlined
in Appendix D, Section 8, shall be eligible.
The
reimbursement will be paid once, annually, during the month of October,
upon presentation of a paid premium invoice and a copy of a canceled
check or money order. All substantiation must be submitted to the Office
of Risk and Benefits Management by August 31 of the respective year on
designated forms.
The amount of
reimbursement will be prorated by the complete calendar months of
coverage, but limited to no more than $1,200 annually during the
duration of this Contract.
Ten-month
employees who are otherwise eligible, but who will not attain normal
retirement age until after July 31, but prior to October 1, may retire
after completion of service in June with a reduced state retirement
benefit, without forfeiting their entitlement to this reimbursement.
The parties
agree to mutually explore a retirement program whereby the School Board
may contribute to the employee's
purchase of out-of-state service, as authorized by state law.
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