Retirement.docx

The document outlines the retirement policy at KCDC, stating that employees become eligible for retirement based on a points system calculated from their age and years of service. To be eligible, an employee must accumulate a total of 70 points with a minimum of 7 years of service. Points are earned based on years of full-time service and complete years of age. Upon retirement, employees receive a $175 gift certificate and a retirement celebration is hosted by the corporation, with costs not exceeding $500 covered by available nonrestricted funds.