March, 2017

02
Mar
2017

Napa Valley USD Saves Millions with PARS Early Retirement Incentive

Categories: California Developments,Early Retirement Incentives,PARS News

In 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.

read more...