BCSD Approves Early Retirement-What It Means for Taxpayers

retirement-ahead

An Early Retirement Plan was approved last night for the Burlington School District.

Superintendent Jane Evans says every so often when enrollment is down, they do this to save a little money. So what does this mean for taxpayers?

“There will be an effect on our tax levy. ┬áIf everyone who is eligible to do this, up to the amount that we put a limit on of $400,000, that would bring about a 23-cent increase in the tax levy.”

To qualify for the early retirement program, a teacher must be at least 55 years old and have at least 10 consecutive years of service.

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Savanna Evans
KBUR News Reporter