Keenan presentation: Milpitas SERP enrollment projects multi‑year payroll savings
Keenan consultants reported 51 employees enrolled in Milpitas Unified’s supplemental early retirement program (one below their projection), estimating the plan will add roughly $6 million in program‑specific savings over five years and contribute to a larger $10–11 million payroll‑savings projection when combined with attrition.
The full story
Keenan, the district’s consultant on the supplemental employee retirement program (SERP), presented results of the enrollment and a five‑year savings analysis to the Milpitas Unified board.
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