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Board approves certificated‑only PARS retirement incentive, declines classified portion
Summary
After a presentation from PARS consultants, trustees approved the supplemental retirement offer for certificated staff but rejected the classified portion because projected classified‑side costs and replacement needs would create net expenses for the district.
The board voted March 11 to approve the PARS supplemental retirement (SERP) offer only for certificated employees and to decline the classified‑employee portion of the offer.
A PARS representative presented the fiscal analysis: of roughly 152 eligible employees district‑wide, 13 elected to accept the offer (seven certificated…
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