Code No. 407.3
Employees who will complete their current contract with the board may apply for retirement. No licensed employee will be required to retire at a specific age.
Application for retirement will be considered made when the licensed employee states in writing to the superintendent, no later than the date set by the board for the return of the employee's contract to the board, the intent of the employee to retire. The letter must state the employee's desire to retire. Applications made after the date set by the board for the return of the employee's contract to the board may be considered by the board if special circumstances exist. It is within the discretion of the board to determine whether special circumstances exist.
Board action to approve an employee's application for retirement is final and such action constitutes a non renewal of the employee's contract for the next school year.
Employees who retire under this policy may qualify for retirement benefits through the Iowa Public Employees Retirement System.
Employees eligible for health insurance (if 55 or older) and their spouse who are on the insurance plan at the time of the eligible employee’s retirement are allowed to continue coverage in the school district’s group health insurance program at their own expense by meeting the requirements of the insurer and the school’s insurance plan, until each has qualified for Medicare or attained age 65. If the insured later discontinues the policy, he/she cannot re-enroll.
Legal Reference: Iowa Code §§ 97B; 216; 279.46 (2005).
581 I.A.C. 21.
1978 Op. Att'y Gen. 247.
1974 Op. Att'y Gen. 11, 322.
Cross Reference: Series 400 Recognition for Service of Employees
Approved: June 20, 2005
Reviewed: September 17, 2018
Revised: