Eleven employees of the Carson City School District are seeking early- retirement buyouts, which, if approved tonight by the school board, would mean just one more year of work.
The 11 employees come from within the four bargaining units: certified (i.e., teachers), classified (i.e., aides), nursing and administrative.
The employees would retire at the end of the 2006-07 school year, and all who applied have been approved by the district.
"We only permit a certain number of people to take advantage of the benefit, so it's a competitive process," said Richard Stokes, associate superintendent of human resources. "We've set up a couple of different criteria."
The early-retirement benefit was enacted in 1979, and has been revised. The list of employees seeking buy-outs must be approved annually by the board. The board meets 7 tonight in the Sierra Room of the Community Center.
By retiring early, school employees receive one more year of retirement credit in the Public Employment Retirement System, or PERS.
"It encourages people who are in the position to retire one year early," Stokes said.
Employees must have at least 29 years invested in PERS before a buy-out is considered. Preference is also given to employees with seniority.
The money comes back to employees through an increase in their state pensions.
• Contact reporter Maggie O'Neill at moneill@nevadaappeal.com or 881-1219.
If you go
What: Carson City School District Board meeting
When: 7 p.m. tonight
Where: Sierra Room of the Community Center, 851 E. William St.
Info: 283-2100
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