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Board approves reduced early-retirement incentive, sets Feb. 27 deadline for irrevocable letters
Summary
The board directed the superintendent to offer an early-retirement incentive that reduces required retirees to six and minimum PSERS service to 22 years if irrevocable letters are submitted by Feb. 27; the motion passed by roll call.
The Oley Valley School District board on Feb. 17 moved to direct the superintendent to communicate a revised early-retirement incentive to the Oley Valley Education Association that lowers the number of required retirements to six and reduces the minimum years of service in the Pennsylvania Public School Employees' Retirement System (PSERS) to 22, contingent on…
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