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Early retirement program resources
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Early Retirement Programs Major Reason for Increased Cost
Early retirement incentives (ERIs) – also known as supplemental retirement programs – are among the major reasons behind school district cost increases, according to Oregon Secretary of State Bill Bradbury. -
General Fund Supplemental Retirement Expenditures by Districts, Fiscal Year 2002-2003 (pdf 12k
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Data from the ODE database initiative system. -
Consider Replacing Early Retirement Incentives with TSAs
Your Early Retirement Incentive (ERI) may not be the best cost-saving strategy in today’s climate of rising health care costs. In fact, OSBA recommends substituting ERI packages with a district-funded Tax Sheltered Annuity (TSA).