(i) PAY SCHEDULE:
Teachers shall be paid for the period August 1st, 2013 to and including July 31st, 2018
(ii) Newly hired teachers will be paid from September to August. Salaries for these teachers shall be based upon one twenty-sixth (1/26) of their gross salary applicable, per pay period, commencing September 1 of the school year.
These teachers shall receive salary retroactive to August on the first pay period in December of the school year.
(iii) Salaries for teachers shall be based upon one twenty-sixth (1/26) of their gross salary applicable, per pay period, commencing with the first pay period in August or with the first pay period upon employment with the Education Authority.
(iv) Teachers returning as an employee of the Education Authority following the summer break will continue to receive their salary on a bi-weekly basis without interruption during the summer break.
(v) Teachers beginning their employment with the Education Authority at any time after the school year has commenced will be paid on a basis determined by the amount of time remaining in the contract year. Salary payments will begin on the first pay period following those teachers’ placements in the classroom and will end with the final salary payment of the contract year.
(vi) PAYMENT ON TERMINATION
If a teacher's employment is terminated by notice, the final payment to that teacher shall be adjusted so that the teacher shall receive, for that portion of the school year taught, such fraction of his/her salary for the school year as the total number of days taught is to the number of days in the current school year, and as agreed upon by the Education Authority and the Association.
(vii) STATEMENT OF REIMBURSEMENTS OF DEPOSITS & SICK LEAVE PAYOUT
The Education Authority shall provide a detailed statement of damage deposits, key reimbursements and sick leave payout for each employee leaving Education Authority. Any payout on deposits shall not be taxable.
(viii) FORWARDING ADDRESS
All transactions related to the event of termination shall be completed and forwarded to the teacher within ten working days, provided a forwarding address has been provided to the Education Authority by the departing teacher, to complete such transactions.