- C.
TRS Early Retirement Option
-
- For Teachers
who elect the TRS Early Retirement Option, the Board will pay
the employer contribution per the applicable TRS statute and
the Teacher's contribution (with the Board payment of the Teacher's
contribution capped at the 7% formula of the old ERO) lump sum
payments required to participate in the TRS early retirement
program. The deadline for submitting early retirement requests
is February 1st. This option may be limited at the discretion
of the employer to a specified percentage, not lower than twenty
percent (20%) of those eligible based on seniority in the service
of the employer.
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