Retirement
Helping You Plan for a Secure Future
Steps to Retirement
Notify Your Supervisor
If you plan to retire, submit a formal retirement letter to your supervisor or principal as soon as possible. This allows us to begin the process of filling your position.
Request a Retirement Estimate
Six months before your anticipated retirement, contact PERSI or visit their website to request a retirement estimate.
If you have already received a retirement estimate (not an annual account statement) and plan to retire on the specified date, submit a retirement application at least six weeks before retirement.
The minimum retirement age with PERSI to receive a monthly benefit is 55.
Calculate Your Sick Leave Entitlement
The balance of your unused sick leave can be used to continue your benefits.
To calculate your available funds: Divide your unused sick days/hours in half, then multiply that amount by your daily/hourly wage. The result equals the amount available to purchase retiree insurance.
Once this amount is used, you may continue coverage using your retirement funds.
Retirement Benefits & Coverage
of their unused sick leave into a sick leave account to pay for qualifying
insurance premiums, including group health, vision, prescription drug,
and dental insurance maintained by the district.
Key Resources & Links
403b Retirement Savings Plan– Explore additional retirement savings options.
PERSI – Learn more about your retirement benefits, eligibility, and application process.