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Board of Education Approves Benefits for Retirees

The Henderson County Board of Education works though it’s agenda, February 9th.
Photo by Steve Corlew / Lexington Progress

Article by Steve Corlew-

Henderson County’s retiring teachers were given two new benefits by the school board, during the board’s monthly session, February 9th.

The board approved a gap insurance policy to help retiring teachers with health insurance cost and they increased the retirement gift.

The gap insurance plan would allow those who retire before they qualify for Medicare to be covered by insurance.

“Actually, there is a financial benefit for the county,” Director of Schools Danny Beecham told the board adding that it wasn’t the main rational for the plan. “Our people that have served for so long, often times delay retirement because of insurance.” “It is a loyalty incentive,” Beecham added.

The proposal showed that 24 employees would currently qualify at a yearly cost of $108,000.  According to the proposal the district would save $252,000 in insurance cost per year on an average if the teachers were replaced by less experienced employees.

“It will open up spots,” Beecham said adding that it will allow the system to recruit some of the fresh new teachers on a lower pay scale. Beecham said other districts have adopted such a plan.

The board approved the plan agreeing to revisit it annually. The motion was…

For complete coverage, see the February 15th edition of The Lexington Progress.

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