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School board approves one‑time early retirement incentive for teachers for 2024–25
Summary
The board approved a one‑year early retirement incentive offering three eligibility tiers (up to $25,000) to encourage attrition and support staffing adjustments; notices of intent must be filed by March 1 and retirees must separate by June 30, 2025.
The Moorhead Area Public Schools board voted Jan. 27 to approve a one‑time early retirement incentive for teachers in the 2024–25 school year intended to support reductions through attrition and to help employees planning to retire.
Human-resources staff presented three eligibility tiers: Level 1 — $25,000 one‑time payment into a 403(b) special pay plan for staff age 55 or older with 10 years of service as of May 31, 2025; Level 2 — $15,000 one‑time payment for members…
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