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2/6/2010 7:48:00 AM
Monroe County schools offering early retirement to teachers, administrators

Herald-Times

By Andy Graham, Herald-Times

agraham@heraldt.com

MCCSC teachers and administrators can now consider an early retirement incentive, featuring a one-time $25,000 lump sum, in a program approved Friday afternoon by the school board.

Monroe County Community School Corp. officials made the offer while facing a need to cut up to $4.5 million from the district's general fund, in the hope that additional retirements might help save some jobs on the lower end of the salary scale.

Related Links:
• Herald-Times full text

Related Stories:
• Job losses, bigger classes ahead at Monroe County schools
• Tippecanoe School Corp. to cut salaries of 785 administrators, nonteaching staff
• Manchester Community Schools cut 17 employees, reduce hours of seven more
• Brown County Schools offering teachers early retirement
• New Albany-Floyd County schools need to cut $6.6 million
• Monroe County schools may cut 75 positions, eliminate summer school
• Seeking funding solutions for Monroe County schools
• Monroe County schools cutting $5.8 million annually and about 75 staffers
• Monroe County Community School Corp. outlines budget reductions
• La Porte schools offer early retirement

Copyright: HeraldTimesOnline.com 2010




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