professional negotiations agreement - State Employment Relations ...

A.1.2. Teachers who qualify under these terms described above, must have submittedtheir declaration of intent to retire and a resignation to the Board.A.2. The teacher resigns with fifteen (15) or more years’ service in the LaBrae Local SchoolDistrict.B. FORMULA FOR BENEFIT: Each teacher may claim as severance pay twenty-five (25%)percent of his/her unused accumulated sick leave days to a maximum of 100 days paid.C. SCHEDULE OF SEVERANCE PAYMENTC.1. Payment of severance shall be in accord with IRS standards; generally within 2.5months after the final date of employment but only after verification from STRS thatthe employee has, in fact, applied for and been accepted for retirement by STRS.C.2. In the event of resignation after 15 or more years of service, payment of severanceshall be in accord with IRS standards; generally within 2.5 months after the final dateof employment and after the employee has submitted an irrevocable resignation tothe Board and the Board has acted to accept the resignation.D. SEVERANCE ELIMINATION OF SICK LEAVE: Severance payment for accrued, but unused sickleave shall be considered to eliminate all sick leave credit accrued by the teacher at thattime.E. SEVERANCE PAYMENT UPON DEATH: Should a member, eligible for severance pay, die,then the severance check shall be made payable to the member’s estate.F. CALCULATION OF SEVERANCE: The method of calculation shall be per diem of themember’s base teaching salary in the year of severance.ARTICLE XVII- PAYROLL DEDUCTIONS AND PRACTICESA. PAY PERIODSA.1. Bargaining unit members shall receive their pay normally in 26 equal installmentsevery other Friday.A.2. When payday falls on a bank holiday, the pay shall be received the day prior to thebank holiday, with the exception of January 1, due to tax and budgetary reasons.A.3. The parties recognize that every five or six years, it is necessary to have a one weekdelay in issuing one of the biweekly salary checks—a three week interval betweenchecks instead of the usual two. The parties recognize this is a necessary occurrencebecause the normal calendar year consists of 365 days and must be adjusted every27