Pasco schools near early retirement package for employees
Although later than expected, an early retirement offering for Pasco school district employees is all but complete, United School Employees of Pasco president Lynne Webb tells the Gradebook.
A district committee on which Webb sits met Monday to work through a variety of possible options, and narrowed the possibilities to four, Webb said. In general terms, they would maintain health insurance coverage for retirees until they qualify for Medicare, offer incentives to people already in the state's deferred retirement program, or provide an annuity to retirees.
The committee has asked actuaries to run the numbers one more time before bringing the plans to the School Board for consideration. The tentative date for that board workshop is Aug. 3.
"The thought of having something that people could know before they go back to school is not going to be possible," Webb said.
Still, the committee has suggested that it might be possible to save $4 million through the program as originally projected. More details as we get them.