All support staff members who present evidence of retirement from active service with the School Board shall be granted severance pay for their accrued but unused sick leave days.

The Board authorizes the payment of a retiring support staff member of his/her unused sick leave days under the conditions established in the Superintendent's administrative guidelines.

For purposes of this policy, "retirement" means retirement under the Public Employees Retirement Fund (P.E.R.F.).

Retirement benefits are available to all full-time employees, except for grant aides who receive no retirement benefits, who are at least fifty-five (55) years of age with fifteen (15) years of service with the School Corporation.