Wichita Public Schools offer early retirement

(WICHITA, Kan.) — The Wichita public school system is offering a one-time early retirement incentive for certain employees.

It's part of working out a budget that needs to cut $30-million.

The incentive will include a waiver of up to 12 months of health plan coverage premiums (medical, dental and pharmacy).

The benefit ends at the conclusion of 12 months OR when a retiree begins to draw the USD259 bridge OR when a retiree turns 65 - whichever comes first.

In order to be eligible, an employee must:

    * Be an active licensed/certified Wichita Public Schools teacher and/or administrative employee
    * Have 83 or more KPERS points OR are 62 years of age with 10 years of service
    * Not be drawing Wichita Public Schools bridge payments
    * Be less than 65 years of age
    * Be one of the first 200 to accept the offer by 4:45 p.m. on April 20 and retire at the end of the 2010-11 school year

Those eligible to consider the early retirement incentive will be notified directly by Mary Whiteside, Assistant Superintendent of Human Resources.

Eligible employees must make a commitment no later than the end of the business day on April 20.