If a classroom teacher submits to the Board, on or before March 1st written notice of her/his intent to retire at the end of the current school year, he/she shall be paid $500 from the Early Notification of Retirement line item established by the West Virginia Department of Education for this purpose, subject to appropriation by the Legislature. If the regular and supplemental appropriations for this program are not sufficient to compensate all such classroom teachers, the priority of payment will be for the classroom teachers who give written notice the earliest.
For the purpose of this section, classroom teacher has been defined by the State Superintendent of Schools to include only classroom teachers, counselors, librarians, and speech/language pathologists.
Any classroom teacher who does not receive the state bonus due to lack of funds and any administrator, regular service and any other regular professional employee who submits, to the Board on or before March 1st, written notice of her/his intent to retire at the conclusion of the current school year shall be paid $500 provided by the Board through local funding per Logan County Schools’ Policies 3140 and 4140.01.
The employee must fulfill her/his contract through the end of the school year in order to qualify for the bonus.
Early notification bonus payments will be made after the retirement is effective but no later than June 30th. This payment shall not be counted as part of the final average salary for the purpose of calculating retirement benefits.
One purpose of this Early Retirement Notification Bonus is to assist me in determining the number of staff members who need to be transferred or RIF’d during personnel season in the spring. If I know the number of vacant positions for next year, I may be able to avoid a number of reductions-in-force and heartbreak for the employees who could be affected by such potential reductions. If you know that you are retiring at the end of this school year, I encourage you to take advantage of the Early Retirement Notification Bonus.
If you have questions regarding this policy, please contact me, Elizabeth Thompson, Director of Personnel, at (304) 792-2060 or firstname.lastname@example.org.