The Forest City Community School District will pay licensed employees a stipend from $200 to $2,500 for the submission of an early resignation letter. The stipend will not be offered for supplemental contracts. The stipend will decrease as the year progresses. Resignations must be turned into the superintendent by the last day of the month. If the last day of the month falls on a weekend, then the resignation must be turned into the superintendent by the last Friday of the month prior to the weekend. Stipends will be included in the employee’s final paycheck.
This stipend is not to be used in conjunction with an early retirement package incentive.
Early stipend amounts will be as follows:
- December or before: $2,500
- January: $1,000
- February: $600
- March: $200
Cross Reference:
407.1 Licensed Employee Resignation
405.3 Licensed Employee Individual Contracts
405.4 Licensed Employee Continuing Contracts
407 Licensed Employee Termination of Employment
Approved: 11-8-07
Reviewed: 11-11-24
Revised:11-11-24
