REVISED/IMPROVED INFORMATION REGARDING RETIREMENT – $1,000 FOR EARLY SUBMISSION OF RETIREMENT FORM. AASD is happy to notify our members that the District and AASD have reached a REVISED/IMPROVED agreement to offer retirement-eligible employees with a payment for providing the District with early notification of their retirement. Click below for the revised/improved agreements. 2023-12-14_Rev_AASD_Classified_MOU_Payment for Early Notification of Retirement 2023-12-14_Rev_AASD_Certificated_MOU_Payment for Early Notification of Retirement
The District and AASD signed NEW REVISED/IMPROVED agreements since the information was originally shared in the AASD Weekly Update to now allow for a retirement date at the conclusion of the 2024 summer school program. Please see the new information in the bullets below.
The agreements provide a one-time, lump-sum payment of $1,000 to retirement-eligible employees who complete and submit their retirement form by January 15, 2024. Specific terms, including obligations around a participating employee’s last day in service, vary slightly by bargaining unit. Please see specifics below:
Certificated Employees: Retirement date between June 7, 2024 and June 30, 2024
Classified Employees: Retirement date between March 15, 2024 and June 30, 2024
NEW ELIGIBILITY- Both Units: Retirement date of July 12, 2024 for unit members on calendar during summer school and/or working a summer school assignment.
Additionally, employees who provide notification and retire during the windows above and by June 30, 2024, but who, pursuant to their respective Collective Bargaining Agreement, would have been entitled to a longevity payment for the 2023-2024 fiscal year as an active employee on July 1st, will still receive the longevity stipend when payments are processed in September 2024.
In order to receive the one-time payment, eligible employees must complete and submit the retirement notification form to Human Resources by the close of business on January 15, 2024. The retirement notification form is located on theHR websiteand the completed form must be returned via email firstname.lastname@example.org.
The revised date of July 12 allows AASD members to use their four PPI days that are earned on July 1, 2024. Additionally, the July 12 date allows employees who are retiring to have district-paid health insurance for the month of July.