(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.