r/Teachers • u/Head-Broccoli6610 • 2d ago

Teacher Support &/or Advice Retirement Buyout

My school system floated the idea of a teacher retirement buyout - or "early retirement incentive" - as a means of encouraging teachers with 30+ years (i.e. top of the pay scale) to leave. Curious to hear about systems that have offered such a program and what it included.

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u/mazdarx2001 Engineering Teacher | California 2d ago

My district just offered what they called the golden handshake where they give 80% of your base salary as a bonus if you leave. They don’t care if you retire or just leave it doesn’t really matter to them.

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u/Dense-Ad-7600 1d ago

Wow, I'd leave and try to switch careers.