413.2 - Classified Employee Retirement

Classified employees who will complete their current contract with the board may apply for classified employee early retirement plan.  No classified employee will be required to retire at any specific age.

Application for employee early retirement will be considered made when the classified employee states in writing to the superintendent, no later than 4:00 p.m. on Thursday, February 8, 2018 that the employee wishes to retire at the end of the fiscal year.  Applications made after the date set by the board may be considered by the board if special circumstances exist.  It shall be within the sole discretion of the board to determine whether special circumstances exist.

Board action to approve a classified employee's application for retirement shall be final, and such action constitutes resignation from employment and termination of the employee's contract effective the day of the employee's retirement.

Classified employees who retire under this policy may also qualify for retirement benefits through the Iowa Public Employees Retirement System.

Classified employees who have group insurance coverage through the school district may be allowed to continue coverage in the school district's group health insurance program, at their own expense, by meeting the requirements of the insurer.

 

 

Legal Reference:  Iowa Code §§ 91A.2, .3, .5; 279.19A, .46 (2011).

Cross Reference:  401.14 Recognition for Service of Employees
                                      413.3   Classified Employee Early Retirement Plan

Approved 11/1/2004                             Reviewed 12/17/2007                           Revised 01/14/2009
                                                                                            11/17/2008                                       07/27/2009
                                                                                            02/09/2009                                       11/16/2009
                                                                                                                                                           02/22/2010     
                                                                                                                                                           12/19/2011
                                                                                                                                                           03/18/2013
                                                                                                                                                           01/20/2014
                                                                                                                                                           01/19/2015
                                                                                                                                                           12/19/2016
                                                                                                                                                           01/15/2018