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Board adopts administrative salary schedules required by retirement rules
Summary
Board approved administrative salary schedules so the Office of Retirement Services can document high-earning years for retirement calculations; superintendent said the schedules formalize pay records for pension processing.
The Forest Hills Board approved the administrative salary schedules included in the board packet. Superintendent (speaker 2) explained that the Office of Retirement Services requires salaries to be presented on formal salary schedules so employees' top earning years can be verified when they retire.
"Office of Retirement Services requires that all salaries be on a salary schedule so that when it's time to retire, they can go back and look at what the top 3 or top 5 years of earnings were," the superintendent said. The motion to adopt the schedules was moved, seconded and approved by roll call.
