Retirement

Contract Language for Retirement

1) Leave
Article VII. D. 3. c.: Upon retirement or termination, an employee shall be allowed to cash-in
50% of their unused accumulated sick leave at their per diem rate. Upon death, an employee's
immediate family shall be allowed to cash-in 100% of the employee's unused sick leave at their
per diem rate. A request for cash-in must be made in writing at least 30 days prior to payment
and within the current fiscal year.

2) Rehire
Article XII. C. 3. a: Former Employees:
a. Employees who resign or retire from the District and are subsequently rehired in the same job classification only and within 3 years from the date of such termination will initially be placed at the Step 0. Upon completion of the probationary period, said employees will be advanced to the step of the salary schedule held by them at the time of their termination, but in no event shall rehired employees be placed higher than step 4. Employees who are rehired within 3 years of the date of their removal from the recall list shall be treated in like fashion.
b. Employees shall have the obligation to request, in writing to the Director of Human Resources, advancement on the salary schedule to the step held by them at the time of their previous termination. Employees failing to request such advancement in writing shall be advanced only at the time of such written request.
c. The District shall have no obligation, express or implied, to determine whether advancement is appropriate. Such responsibility shall rest solely with the employee. Under no circumstances shall back pay be allowable unless a written request has been made.
d. In the event the job classification has been downgraded, either prior to or subsequent to the termination, the employee will be placed at the current banding and grade level.
e. Seniority shall not be affected in any way, and employees shall be placed on the seniority list in the same manner as a new hire.

3) Service Recognition
Article XII. I. 1-2: Service Recognition Program
1. In special recognition of longevity and extraordinary services provided to the Matanuska-Susitna Borough School District by selected classified employees, there by established a Service Recognition Program.
2. The salary incentive which this program provides is for services rendered and shall apply only to classified employees who are eligible to retire under PERS and who notify the Human Resources Department of their intention to retire at least 90 calendar days prior to their retirement date. In addition to the final paycheck, the employee will receive a check reflecting $150 for each completed year of service. It is understood that the amount of the incentive will not be included in the PERS retirement calculation.

Social Security GPO/WEP Provisions and Penalties for Educators in Alaska.

Here are some resources for the Windfall Elimination Provision:

The first chart will show the reduction depending on the years of substantial earnings. The bottom chart shows the value of the salary to be considered a substantial earning at any given year - The Best Explanation of the Windfall Elimination Provision (2023 Update) – Social Security Intelligence

1. www.ssa.gov
2. Go to My Social Security Account in the middle
3. Create and account then sign in