MEMORANDUM OF AGREEMENT BETWEEN
THE SCHOOL DISTRICT OF MYSTERY LAKE
AND
THE THOMPSON TEACHERS’ ASSOCIATION
OF THE MANITOBA TEACHERS’ SOCIETY
Re: Sick Leave
The parties herewith agree with the following:
a) A teacher who was under contract to the School District on January 1st, 1986, or his/her estate, shall be entitled upon death or retirement to receive a lump sum payment representing a percentage of the accumulated unused sick leave credits to a maximum of one hundred (100) days based on the teacher’s latest salary in effect.
| e.g. Accumulated Sick Leave Credits (Maximum 200 = 100 days) x teacher’s last salary rate | ||||||||||||||
| 2 | 2 | |||||||||||||
b) A teacher shall be entitled to obtain payment under clause (a) above, if he or she has attained the age of fifty-five (55) years by December 31st of that calendar year and qualifies for full pension under the Teachers’ Pension Act.
In the case of a teacher whose fifty-fifth (55th) birthday occurs between July 1st and December 31st inclusive, he/she shall be entitled to the payment on the date of his or her fifty-fifth (55th) birthday, provided that notification of retirement effective June 30th is given to the Board in writing by May 31st of that year. In all other cases payment shall be made on the last teaching day in June. The lump sum payment calculation is as follows:
| Percentage of Total | Maximum | |
| Accumulated Unused | Number of | |
| Years of Age | Sick Days (maximum 200) | Days Payable |
|
55 |
25% |
50 |
|
56 |
30% |
60 |
|
57 |
35% |
70 |
|
58 |
40% |
80 |
|
59 |
45% |
90 |
|
60+ |
50% |
100 |
c) In the event of the death of a teacher eligible for this benefit, prior to age fifty-five (55), his/her estate shall be entitled to a lump sum payment calculated in accordance with the entitlement provided for a teacher at age fifty-five (55).
Dated at the City of Thompson in the Province of Manitoba this 09 day of June, 2015
Signed and Agreed on behalf of the Thompson Teachers’ Association of the Manitoba Teachers’ Society,
______________________
President
____________________ _____________________________
Secretary Chairperson Negotiating Committee
Signed and Agreed to on behalf of the School District of Mystery Lake,
___________________ _____________________________
Chairperson Negotiating Committee Member
__________________ ______________________________
Superintendent Secretary-Treasurer