Journal Express, Knoxville, IA

Local News

October 16, 2013

Early retirement plan to be offered

Knoxville — Though the school district's finances are still in good shape, the Knoxville School Board voted Tuesday night to offer early retirement incentives to staff members. 

According to information provided by the district, there are 45 staff members who may be eligible for early retirement. All of the funding for the retirement incentives will come from the district's management fund, which comes from property taxes. 

Early retirees have two incentive options. The first is to receive 100 percent of his or her salary, payable over a period of 36 months. The second is to receive five years of paid individual health insurance. This recommendation was made by the personnel committee, which includes board members Mike Moats and Mike Helle, with Superintendent Randy Flack and Business Manager Craig Mobley. 

During the time of the meeting set aside for comments from the community, former teacher and board member Mark Mahoney raised concern about rumors that certain staff members have been encouraged to accept early retirement. Prior to the board's vote on the incentive package, Board member Andrew Schmidt clarified that no one has been encouraged to accept early retirement. 

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