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Atlantic School Board approves early retirement package & other matters

News

November 14th, 2018 by Ric Hanson

The Atlantic Community School District’s Board of Education met in a regular session Wednesday evening in the High School Media Center. The Board approved a handful of resignations, include: Craig Fredin, 9th Grade Girl’s Basketball Coach; Pam Russell, At-Risk Student Advocate; David Eckles, Transportation Director, and Sam Hoover, Bus Driver. They also approved several contract recommendations and/or Letters of Assignment, with one late addition: Shelby McCreedy was added as Freshman Girls Basketball Coach.

The Board approved requests for the Debate Team to compete in Marshall, MN, January 25th and 26th, and a trip for Middle School Students to visit Washington, D.C., in June, 2019. The trip to D.C. is offered every other year for those students.

And, the Atlantic School Board approved the Early Retirement Incentive program as presented during previous discussions. It will be offered until Jan. 3, 2019 only for a select number of persons who have 10-years of service to the district and are at least 55-years of age by June 30, 2019. If selected, they would receive $25,000 over a three-year period.

Those funds would be paid into what is called a “Health Reimbursement Arrangement,” (Or, HRA), which allows the participants to continue their health insurance, as long as they pay the monthly premiums, for a maximum cost to the District of up to $250,000 over a three-year period starting in FY 2020.