5:7
6:1
6:2
6:3
6:4
If resignation, retirement, or death occurs in the middle of a fiscal year, the District shall pro-
rate credit for sick and vacation leave (monthly accrual) based on separation date. For example,
if you retire July 30°, you would receive 1/12 of your sick time that is loaded July 1°.
Total severance payments made to an administrator over the course of his or her career(s) with
the Nashua School District shall not exceed the maximum payment for which the administrator
is eligible under Section 5:6 (above).
Calculation of Per Diem Rates
For purposes of determining the value of payroll adjustments, accrued vacation leave and
severance, the following days will be used in the calculation of per diem rates:
« Principals: 260 days
e Elementary Assistant Principals: 199 days
e Secondary Assistant Principals: 245 days for any vacation and sick time accrued through
June 30, 2016, and 214 days for any sick time accrued on or after July 1, 2016.
ARTICLE Vt
Supplemental Benefits
Workers Compensation
Administrators shall be subject to the provisions of the New Hampshire Workers’ Compensation
Law.
New Hampshire Retirement System
Administrators shall be subject to the provisions of the New Hampshire Retirement System.
Tax-sheltered Annuity
The Board of Education agrees to continue to allow administrators to take advantage of the
federal law concerning tax-sheltered annuities at their expense.
Health Insurance
The District shall provide, upon the request of an Administrator, the benefits of an individual,
two-person or family coverage under one of the following plans offered by the Board of
Education, or a comparable plan as determined by the Board:
Point-of-Service (POS) Plan;
HMO Plan; or
High Deductible Health Plan (HDHP) with Health Savings Account (HSA);
High Deductible Health Plan without Health Savings Account (HSA).
aoc
Health care plan options are at the sole discretion of the Board, and the Board reserves the right
to change a health insurance carrier providing comparable benefits. The District shall have the
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