Out and Back

Early retirement plan

Out and Back

Knox County’s first-ever early retirement offer for teachers may create a new classroom workforce: part-time retirees.

by jesse fox mayshark • november 27, 2018

The early retirement plan was approved this month by the school board and county commission.

Under an early retirement offer approved this month by the Knox County school board and County Commission, 688 school employees are potentially eligible for a package that would pay their health insurance premiums for up to 14 years.
The school system hopes to at least $2.5 million as veteran teachers choose to leave.
The plan aims to reduce Knox County Schools’ annual personnel costs by at least $2.5 million, and it has another potential effect as well: It could create a sizable workforce of retired teachers willing to come back to the classroom on a part-time basi...

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