L-S weighs early retirement option Plan would offer teachers incentive
BY CINDY HUMMEL, Correspondent
Lampeter-Strasburg School District teachers might be offered an early retirement incentive.
The school board Monday discussed two options for an early retirement plan.
The first, according to business manager Terry Sweigart, would include paying the retirees' health care premiums for the first three years. The second option would place an amount equal to those premiums into a 403(b) account.
The district would save $49,595 per retiree in three years. The savings are based on the difference between the cost of paying experienced, tenured staff versus the lower cost of a replacement, plus the cost of the incentive.
Sweigart said professional staff who qualify for the incentive would not qualify for full Public Schools Employee Retirement System benefits, so not all employees who qualify might be interested.
Superintendent Kevin Peart said the Lampeter-Strasburg Education Association is reviewing the options.
In other news:
n Board member Patricia Pontz announced that all L-S schools met the Annual Yearly Progress for the second year in a row, winning Keystone Awards.
n The board filled several positions. Appointees include Marie E. Fechik-Kirk as an extended substitute German teacher; Todd R. Scolnick as an extended substitute learning support teacher; and Brooks R. Tomazin, an extended substitute math teacher.
n The board approved Samuel Solen of Denmark as a foreign exchange student for the 2013-14 school year.
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