compensation shall be paid. 18.04 Waiver 18.04.01 In the event that a unit member, for valid and substantial reason(s), decides to subsequently retire earlier than he or she had anticipated, said unit member will be eligible for this retirement compensation plan subject to the approval of the Superintendent based on budgetary considerations. 18.05 Retirement System 18.05.01 Employees covered by this Agreement shall be eligible to participate in the Massachusetts

ARTICLE XIV RETIREMENT RECOGNITION A teacher who retires under the Massachusetts Teachers Retirement System and who has more than 10 combined years of service at the Westhampton Elementary School will be reimbursed at the current daily substitute rate for certified teachers for half of his/her unused sick leave, to a limit of 105 days.

Employment terms for individuals who are covered by Article I of this contract and who are retired from the Massachusetts Teacher Retirement System or another public retirement system which has regulations which impact the terms and conditions of employment, will be determined, as needed, by agreement among the DYSAA, the individual, and the Superintendent of Schools. Article XXIX. Reduction-in-Force Section One.

A teacher who retires under the Massachusetts Teachers Retirement System and who has more than twenty (20) years of service with the Southampton Public Schools will be reimbursed for half of his or her unused sick leave, to a limit of 100 days, at the current substitute daily rate of pay. ARTICLE XXVIl ~- AGENCY FEE .

This is an urgent and time-sensitive matter, as the employer's unilateral decision to change an annual stipend to an hourly position has affected qualification of this extra-curricular pay for the Massachusetts Teacher Retirement System. The affected members need resolution to clarify their retirement information and make fully informed decisions about retiring.

The School District did not offer any evidence to dispute this evidence that prior to 2015, Co-Directors were paid the full stipend rather than on an hourly basis. 13 Also prior to the 2015- 2016 school year, the School District withheld Massachusetts Teacher Retirement System (MTRS) pension contributions from the Co-Director stipend. Beginning during the 2015 - 2016 school year, the School District stopped these with holdings.

Morrison to contact the Massachusetts Teachers Retirement System (MTRS) about taking retirement deductions out of the After School Program stipend payments. (AF of C. Morrison, 7) The MTRS advised the School District by email dated August 25, 2015, that Under the ~ current CBA, the after school program earnings are considered additional hourly compensation, which are not MTRS eligible.

Prior to 2016, professional development pay was pensionable, which means the School Committee forwarded deductions from the pay to the Massachusetts Teachers Retirement System. Response: Respondents state that the paragraph states a conclusion of law for which no response is required. Otherwise, denied. 21.

Prior to 2016, professional development pay was pensionable, which means the School Committee forwarded deductions from the pay to the Massachusetts Teachers' Retirement System. 21. The School Committee has not made any deductions described in paragraph 20 to the teachers' $500 stipend for the three additional professional development days in August 2016. 22.

Upon retirement from teaching, in accordance with the rules and regulations of the Massachusetts Teachers Retirement System, each teacher shall be paid for 50% of his/her accumulated, unused sick leave to a maximum of 100 days (200 days of accumulated Sick Leave).

A- 82 Schedule of the Commonwealths Collective Share of Net Pension Liability Massachusetts Teachers Retirement System ................................................................... A- 83 Schedule of Changes in Total OPEB Liability and Related Ratios ...........................................

A- 82 Schedule of the Commonwealths Collective Share of Net Pension Liability Massachusetts Teachers Retirement System ................................................................... A- 83 Schedule of Changes in Total OPEB Liability and Related Ratios ...........................................

Eustace shall submit a portion of these back wages (estimated to be $9,400) to the Massachusetts Teachers Retirement system (MTRS") as retirement contributions for the 2016-2017 and 20172018 school years; and ii. SPS will pay on behalf of Ms.

intent of the Group and the Committee that any annual stipend that is paid to any member of the Group for the performance of additional, educational services in accordance with this Section and Appendix M constitutes regular compensation for said member and, as such, the Committee shall deduct from any such annual stipend the applicable federal and state income tax withholdings, as well as retirement contributions which shall be remitted to the Massachusetts