- 4 - agreement dated May 30, 1982.3 The director agreement was Mr. Forste’s employment contract, and it provided for a term of employment that “shall extend from May 30, 1982 until the retirement or death of Director or the termination of such employment, in each case pursuant to the provisions of Section 4”. Under section 4, four types of retirement were available to DHS’s directors: (1) Mandatory retirement (age 62 with 15 years of service); (2) regular retirement (age 60 with 15 years of service); (3) early retirement (age 55 with 15 years of service); and (4) disability retirement (any age if the disability interfered with job performance). In addition, the agreement provided that directors could retire and the policy committee of DHS could require a director to retire at any time, and the director would receive retirement income in an amount and under such conditions as might be established by the policy committee in its discretion; and further, the policy committee could require a director to terminate employment, and the director could elect to terminate employment, at any time, and the director would have no right to retirement income except in the discretion of the policy committee. DHS was aware of Mr. Forste’s fear of flying when it hired him and insisted that it could work around this problem. DHS 3This agreement was in effect during the relevant times in this case; i.e., during 1985.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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