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.
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