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Board approves PARS supplementary retirement plan; 18 enrollments accepted
Summary
The board approved a PARS‑administered Supplementary Retirement Plan intended to incentivize early retirement for eligible certificated non‑management staff and accepted resignations of 18 employees who enrolled; the vote recorded one abstention by Board President Aguirre.
The Richland Governing Board approved implementing a Supplementary Retirement Plan (SRP) administered by Public Agency Retirement Services (PARS) and accepted the resignations of 18 employees who enrolled in the program.
Chief Business Official Martin Rodriguez described the SRP as an incentive intended to encourage eligible certificated non‑management employees to retire early with the goal of generating savings or remaining cost‑neutral. “The recommendation was to approve the implementation of the District's Supplementary Retirement Plan administered by PARS and accept the resignation of the eighteen (18) employees who enrolled,” the record states. The board approved the plan; the roll call shows Ayes 4, Abstain 1 (Tony Aguirre abstained).
Board discussion emphasized the program’s intent to manage staffing and district costs; the board did not present a list of individual retiree names during the public meeting beyond noting the total enrollments. Staff will proceed with the program’s implementation steps and administrative processing for the resignations accepted by the board.
