|Morgan County Schools|
|Bylaws & Policies|
4140.01 - EARLY NOTIFICATION OF RETIREMENT: SERVICE PERSONNEL
Any service personnel who give written notice to the Board of Education on or before the first day of December of the school year of their retirement from employment with the Board at the conclusion of the school year shall be paid $500.00. If funds are insufficient to compensate all applicable service personnel, the priority of payment is for service personnel who give written notice the earliest. This payment shall not be counted as part of the final average salary for the purpose of calculating retirement.