CC-E board rejects early retirement plan
The Clay Central-Everly School Board opted not to move forward with a plan to offer early retirement to some of its teaching staff.
"A couple of times in the past we have offered early retirement to teachers who qualified. We offer an award, or a stipend, to help with insurance costs before they get to 65," CC-E Superintendent Dennis McClain said.
CC-E currently has six teachers eligible for early retirement.
"The board decided not to offer early retirement this year. The biggest reason for not offering early retirement is the pool of applicants we have for open positions is small," McClain said. "If all of the teachers decided to take early retirement, it would be hard to fill their positions. The board was not comfortable giving good teachers that we already have an incentive to leave."
The benefit for the CC-E School District is that it would provide savings to the general fund by allowing higher paid teachers to retire early, and allow younger teachers who require less pay to take those district position.