Brandon Twp.- The finance committee decided during their Jan. 25 meeting to recommend that the school board offer an early retirement incentive to school district support staff.
The package would offer $20,000 to be paid over three years to secretaries, bus drivers, custodial and maintenance staff with at least 20 years of service in the district who decide to retire.
‘We are hoping to save at least $25,000 the first year and the same in the second year,? said Superintendent Lorrie McMahon. ‘We don’t have as many eligible support staff as we do teachers, so we don’t expect too many people to take it. There are only about 10 eligible employees.?
Earlier this month, the school board approved approved an early retirement incentive package for teachers. Williams & Company, LLC constructed both packages. Under the teacher early retirement incentive plan, instructors with at least 15 years of service in the district are eligible to receive a total of $45,000 paid in equal annual installments over five years if they separate from service on June 30, 2010 or a total of $40,000 paid in equal annual installments over five years if they separate from service on June 30, 2011.
McMahon said as of Monday, 14 teachers were signed up for an informational meeting on the early retirement incentive package planned for 4:30 p.m., Feb. 2, at the central office, 1025 S.Ortonville Road. The next school board meeting will be at 6:30 p.m., Feb. 8, at the central office.