Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Labor Retirement topic
No spam. Unsubscribe anytime.
Board approves VEBA retirement incentive MOU with teachers' association
Summary
The board approved a Memorandum of Understanding with the Minnewaska Teachers Association offering a VEBA contribution for eligible veteran teachers who meet specific service, age and retirement-letter criteria.
The Minnewaska Area Schools Board voted Nov. 18 to approve a Memorandum of Understanding with the Minnewaska Teachers Association that provides a VEBA contribution incentive for eligible teachers.
According to the MOU, eligible teachers must have a minimum of 20 years of service in the district, be between ages 58 and 65 as of Jan. 1, 2025, and submit a retirement letter by Feb. 28, 2025. The program is voluntary and is designed to offer a retirement option without affecting rehire eligibility. The motion to approve the MOU passed on a unanimous roll-call vote.
