The Pella School Board approved an early retirement policy at their meeting this week.
Superintendent Greg Ebeling says the board has been considering the plan for the last few meetings in order to make up for a budget shortfall coming up in the 2020 fiscal year. Ebeling says while the cost savings are necessary, they would need teachers to participate in the program to actually see the benefits, but that also comes with losing years of institutional knowledge.
Teachers over the age of 55 by the date of retirement with 10 years of continuous service in Pella are eligible for the program.