Skip navigation
More Options
Select a School
Early Learning
Atheneum Gifted Magnet Program
Hilltop Elementary
Pine Bend Elementary
Salem Hills Elementary
Inver Grove Heights Middle School
Simley High School
Language
View Original
Spanish
Cantonese
French
German
Italian
Tagalog
Vietnamese
Korean
Russian
Hindi
Login
Guest
Inver Grove Heights Schools
INSPIRE. INNOVATE. EXCEL. A Community Commitment
{1}
##LOC[OK]##
Students
Parents
New Families
Staff
MENU
HOME
DISTRICT
About Us
Enroll
School Board
Departments
Intérprete
Resources
199 Replies
SCHOOLS
Early Learning
Hilltop Elementary
Pine Bend Elementary
Salem Hills Elementary
Atheneum Gifted Magnet Program
Inver Grove Heights Middle School
Simley High School
ACTIVITIES
Activities Website
Activity Fees
Activities Forms
Activity Schedule
Conference Sites
Registration
NEWS & EVENTS
Sign Up for Newsletters
District News
199 Reporter
District Calendar
Community Flyers
COMMUNITY
Community Education
Spartan Kids' Care
Get Involved
IGH BEST Foundation
Simley Yearbooks & Hall of Fame
Alumni
Facility Use
Community Flyers
CAREERS
Open Positions
ISD 199 Human Resources
CONTACT US
Early Learning Staff
Hilltop Staff
Pine Bend Staff
Salem Hills Staff
Atheneum Staff
IGH Middle School Staff
Simley Staff
District Staff
Community Education Staff
HOME
DISTRICT
About Us
Enroll
School Board
Departments
Intérprete
Resources
199 Replies
SCHOOLS
Early Learning
Hilltop Elementary
Pine Bend Elementary
Salem Hills Elementary
Atheneum Gifted Magnet Program
Inver Grove Heights Middle School
Simley High School
ACTIVITIES
Activities Website
Activity Fees
Activities Forms
Activity Schedule
Conference Sites
Registration
NEWS & EVENTS
Sign Up for Newsletters
District News
199 Reporter
District Calendar
Community Flyers
COMMUNITY
Community Education
Spartan Kids' Care
Get Involved
IGH BEST Foundation
Simley Yearbooks & Hall of Fame
Alumni
Facility Use
Community Flyers
CAREERS
Open Positions
ISD 199 Human Resources
CONTACT US
Early Learning Staff
Hilltop Staff
Pine Bend Staff
Salem Hills Staff
Atheneum Staff
IGH Middle School Staff
Simley Staff
District Staff
Community Education Staff
Skip Sidebar Navigation
Hired After 1997
/
c
Teacher Retirement
Hired After 1997
Last item for navigation
Hired After 1997
Inver Grove Heights Schools
»
DISTRICT
»
Departments
»
Human Resources
»
Teacher Retirement
»
Hired After 1997
Retirement Letter
To be eligible for the first Retirement incentive payment on May 31st, the teacher must give
written notice
to the Superintendent of retirement from the district by February 1st and retire by June 30 of the same calendar year.
Retirement Incentive
403(b):
Teachers hired after July 1, 1997, will be eligible to participate in the 403(b) matching plan and will not be eligible to participate in any other plan.
3rd year matching:
Teachers may contribute a portion of his/her annual contracted salary to their 403(b) plan upon hire. Teachers become eligible for matching participation when they begin their 3rd year of service in the district and complete and submit the appropriate forms to request matching participation.
Years of service:
A teacher must be employed one half 1/2 or more of the student contact days in a school year to earn one year of service. Any years of credited service allowed by the Board for purposes of seniority or salary determination shall not be counted toward determining eligibility for the 403(b) matching plan.
Proration:
Teachers with less than a 1.0 FTE shall be allowed to participate on a pro-rata basis determined by their FTE as determined by this master agreement.
4% match:
For teachers beginning their third (3d) year of service credit as determined by provision of this article, the district shall contribute into a 403(b) plan of the teacher's choice from the plans offered a dollar for dollar match of the teacher's contribution up to a maximum of 4% (four percent) of the teacher's annual contractual salary. The district match shall not exceed the maximum allowable by law. The total district matching contribution shall not exceed $30,000 for an individual teacher. Plans offered will consist of those plans approved by the state.
Payroll deductions:
The district shall contribute its match during normal payroll periods thru payroll deduction. The annual contractual salary is determined by the teacher salary schedule. Any additional compensation for extra-curricular activities, extended employment, or other extra compensation is not to be included in determining annual contractual salary.
Post-Retirement Health Benefit
Upon retiring, teachers shall receive payment of funds to be deposited in trust into a Health Care Savings Plan with the
Minnesota State Retirement System
equal to 91% of BA, Step 1 on the salary schedule.
Completed 20 years of full-time service:
A teacher must meet all of the following standards to be eligible for the benefits described in this Article. A teacher must have completed twenty (20) years of full-time consecutive years of professional service in the teacher bargaining unit of ISD No. 199 and qualify for TRA annuity payments to receive the payment of the full benefit.
Completed 25 years of at least 0.5 FTE years of service:
A teacher with less than full-time service must have completed twenty-five (25) years of professional service, qualify for TRA annuity payments, and worked as a teacher at least .5 FTE for each year to receive the payment of a pro-rated benefit based on the years of service at .5 FTE or greater.
To be eligible for receipt of the Post-Retirement Health Benefit on August 15, a teacher must give written notice to the Superintendent of intention to retire from the School District by February 1 and retire by June 30 of the same calendar year.
Severance Package (Sick Leave)
Teachers shall be compensated for unused accumulated sick leave, herein called severance.
Eligibility:
To collect severance compensation under this article, a teacher must meet the following conditions: Retirement and Age: A teacher must be at least fifty (50) years of age, must have at least twenty (20) years of service in the district and must be retiring from employment in the district.
To be eligible for severance pay at the end of the school year, a teacher must give written notice to the district of intention to elect retirement by the February 1st immediately prior to the retirement date.
Payment:
Severance compensation shall be determined as follows:
A) For days 1 through 100 of unused accumulated sick leave, the teacher shall be compensated at a rate of $75.00 per day.
B) For days 101 through 170 of unused accumulated sick leave, the teacher shall be compensated at a rate of $80.00 per day.
Compensation shall be made in a payment to the employee's 403(b) account on the October 15th following retirement.
Personal Leave
Teachers retiring may sell back the maximum accumulation of personal leave allowable at the rate of $200.00 per day. Payment is to be made after the close of the school year in which the said teacher has retired.
Account and Email Access
Access to email and skyward will end January following the teacher's retirement.
Retirement Estimate
Please contact Human Resources if you wish to have a
retirement
estimate
completed for you.
Teachers Retirement Association
For more information and to register for an account please visit the
TRA website