Sheridan Community School Corporation
Bylaws & Policies
 

3415 - RETIREMENT PAY

All professional staff members, not covered by the terms of a negotiated agreement, who present evidence of retirement from active service with the School Board shall be granted pay for their accrued but unused sick leave days.

The Board authorizes the payment to a retiring professional staff member of his/her unused sick leave days under the conditions established in the master agreement.

For purposes of this policy, "retirement" means retirement under the State Teachers Retirement Fund (S.T.R.F.).

Payment of retirement pay shall eliminate all obligations of the Board at the time of retirement from any further payment or restoration of sick leave unused.