Tue July 5, 2005
Early Retirement Takes Top 3 Administrators
Macomb, IL – The state's two-year extension of its early retirement plan for educators will cost the Macomb school district its top three administrators over the next two years. School board president Bill DeJong says letters of intent to retire have been filed by the superintendent, the assistant superintendent and the high school principal. Superintendent Fran Karanovich says staff members were given about a one-week notice to file for retirement under the old provisions. After that, both the district and the early-retiring teacher will have to pay more into the Illinois retirement fund.