Greene County School District employees can take advantage of the voluntary retirement program.
The School Board approved to use the policy again for the current school year. Superintendent Tim Christensen says some of the qualifications include the employee being at least 55-years-old and worked full time in the district for at least ten years. Applications are reviewed by the School Board, and those that are approved will receive 45-percent of their contracted salary. Christensen points out, utilizing the policy is a way for school districts to save money.
“We’re able to pay for that (voluntary retirement) out of (the) management (fund), and then looking at hiring back for that position with someone with less experience and it’s going to be less expensive. Then we pay for that out of general fund, then you can realize the savings between the experienced employee and the less experienced one that you are hiring.”
Christensen notes, he recommended the Board use the retirement program due to declining enrollment. The self-imposed maximum amount to give to qualified employees is $200,000. The Board can authorize additional funds if needed. The Board reviews the policy annually and is not required to use it every year. Applications must be submitted by January 13th. Click the link below to see a copy of the policy.