Friday, August 28, 2015

Changes made to GESD Supplemental Retirement Program

Changes that will assure the sustainability of the District’s Supplemental Retirement Program were made following a review by the District’s Insurance Trust.

Effective July 1, employees are required to submit the Participation Form for the program to Human Resources by March 20 of the year preceding the year the employee plans to retire. 

For the 2015-16 school year, eligible employees who submit their Participation Form to Human Resources by Sept. 30 will be allowed to retire and receive the Supplemental Retirement Benefit this year.

Eligible employees who submit a Participation Form after Sept. 30, but before March 20, 2016, can retire in 2016-17.

The Supplemental Retirement Program reimburses eligible employees a portion of the health insurance premiums when the employee retires.  For more information about the program please visit the Employee Handbook or review the District’s policy


Please review the information provided carefully to ensure you understand the program and what is required to participate. If you have questions please contact Jodi Finnesy, benefits analyst at 7149.

No comments:

Post a Comment