Nebo School District Separation Payments Plan

Submitted by ts on

Nebo School District’s Separation Payments Plan is a District funded retirement incentive to reward eligible employees who have completed at least fifteen years of service in the District. 

On January 9, 2013, the Board of Education approved revisions to the Separation Payments Plan which now provides for improved options for retiring employees. Certain eligible employees now have the opportunity to purchase medical insurance coverage through the District at 100% of the premium cost (which was reduced from 175%) for up to five years or until the employee is eligible for Medicare. Employees who are eligible for separation payments also have the opportunity to purchase life, dental, and vision insurance directly from the District’s insurance carriers.

The eligibility criteria for the Separation Payments Plan can be a bit complicated, and there are several details that cannot be fully explained in this article. You can read the Separation Payments Plan document online by going to www.nebo.edu and clicking on the Human Resources Department link. So, if you are considering retirement this year, please make sure to attend one of the following retirement meetings to obtain more information on the District’s Separation Payments Plan and information from the Utah Retirement Systems (URS):

Thursday, February 21, 2013 @ 6:00 p.m. – 8:00 p.m., Nebo District Offices, Board Room

Wednesday, February 27, 2013 @ 5:00 p.m. – 7:00 p.m., Nebo District Offices, Board Room

You are also welcome to schedule an appointment to visit with Allen Gurney, Human Resources Specialist, to see whether you are eligible to receive separation payments from the District. Mr. Gurney can be contacted by email at allen [dot] gurney [at] nebo [dot] edu (allen[dot]gurney[at]nebo[dot]edu) or by calling him at telephone number 801-354-7414 on Mondays through Wednesdays from 8:00 a.m. to 5:00 p.m.

 

 

Attributions
Allen Gurney