March, 2017
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Napa Valley USD Saves Millions with PARS Early Retirement Incentive
Categories: California Developments,Early Retirement Incentives,PARS NewsIn December, Napa Valley Unified School District contracted with PARS to devise an incentive program for older teachers and other employees to retire at the end of the school year. A total of 66 district employees (52 teachers), out of 228 who were eligible for it, took the incentive. The District estimates the retirements will save NVUSD nearly $3 million in salaries and benefits next year — and $14.5 million over five years.
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