Early retirement option gets tepid initial response at Glendale Unified
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Just two weeks short of a deadline for attracting Glendale Unified 75 employees into early retirement to minimize the scope of layoffs later this year, district officials this week reported that just nine have applied for the offer.

The incentive entails a teacher being paid 50% of their base salary over the course of five years, or the employee’s lifetime, in addition to health benefits.

Out of the pool of 1,290 employees that include teachers, nurses or counselors, about 350 are eligible for the early retirement plan.


read more: http://articles.glendalenewspress.com/2013-01-17/news/tn-818-0117-early-retirement-option-gets-tepid-initial-response-at-glendale-unified_1_retirement-option-retirement-plan-district-officials

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