MEMORANDUM OF AGREEMENT
Between
Prairie Spirit School Division
And
Prairie Spirit Teachers' Association
Of the Manitoba Teachers' Society
Early Notification Incentive Plan
For those teachers who have decided to retire at the end of this school year, the Board of Trustees is offering an incentive for early notification. Teachers submitting their resignation due to retirement in writing (via email) on or before March 27th, 2015 will receive an incentive of $10,000.00.
Early Notification of Retirement Incentive Plan Procedures and Guidelines
Eligibility
Meet requirements to qualify for a retirement pension according to TRAF eligibility for retirement and pension.
Employed on a permanent contract of at least 50% at time of notification.
If notice of resignation is received on or before March 27th, 2015 by 4:00 p.m., then payment of $10,000.00 will be issued.
Payment will be made as per permanent contractual FTE on September 2nd, 2014.
Available this year only at this time by the Board of Trustees, this offer does not obligate the Board of Trustees to make this arrangement in any subsequent years.
Procedures
Teachers must provide notification of retirement by email to the Superintendent (kmurray@prspirit.ca) within the time frame as noted above. A reply message will be sent in order to confirm it has been received.
Early notification incentive payments will be awarded on a first come, first serve basis to a maximum of 10 teachers.
Lump sum payment will be issued by June 30th, 2015.
IN WITNESS WHEREOF the Division has caused its Corporate Seal to be hereunto affixed duly attested by the signatures of its proper officers in that behalf, the 23rd day of April, 2015.
THE PRAIRIE SPIRIT SCHOOL DIVISION by
Janet A. Mclntyre, Chairperson
Jody Parsonage, Secretary Treasurer
IN WITNESS WHEREOF the Association has caused this Agreement to be executed as duly attested by the signatures of its proper officers of the Association, the 16th day of April, 2015.
THE PRAIRIE SPIRIT TEACHERS' ASSOCIATION by
Jim Partaker, President
Eleanor Sampson, Secretary
Terri Hill, Collective Bargaining Chair