Rowland Unified Taps Retirement Incentive in Savings Push

The Rowland Unified School District hopes to get 50 teachers and administrators to retire before the next school year starts in order to save around $2.5 million in costs.

The district started offering the retirement incentive program three years ago, according to a story in the San Gabriel Valley Tribune. That first year, Rowland Unified offered a $20,000 credit or $15,000 cash incentive to 20 educators, the Tribune reported. Last year it was 30 educators.

The cash option was dropped this year but the district is giving two years of service for those who opt for the incentive.

"These teachers earn $75,000 a year, while a new teacher starts at $40,000," Superintendent Ruben Frutos told the newspaper "So it saves the district money to offer these incentives to retire."

Click here to read more of the story.