BOARD APPROVES EARLY RETIREMENT PACKAGE

BOARD APPROVES EARLY RETIREMENT PACKAGE

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Sioux City School board members voted 5-2 yesterday to approve the early retirement package for full time teachers/employees over 62 who worked for the district for 25 straight years or more.
Only 36 employees currently eligible. The most a retiree could collect is $4800 a year for 3 years, based on their accumulated sick days.
It was second of two votes of approval needed by the board for the proposal and takes effect July 1st.