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ERIC Number: ED078594
Record Type: Non-Journal
Publication Date: 1969
Pages: 22
Abstractor: N/A
Reference Count: N/A
Severance Pay for Professional Employees in Public School Systems. ERS Circular No. 5.
Stemnock, Suzanne K.
This report presents a "status" study, reporting practices followed in school systems where a severance pay policy is in effect. Severance pay is a fringe benefit designed to provide teachers who have given service to a school system with financial security during the period of transition to a new position or to retirement. The initial mailing list for the survey on which this report is based was obtained from a postal card sent to all school systems enrolling 12,000 or more pupils. Followup questionnaires were then mailed to the 128 systems reporting that they provided severance pay. For each of the 86 systems with bona fide severance pay systems, the tables in this report show the amount of unused sick leave or annual leave which may be accumulated by professional personnel, the conditions of termination under which severance pay is granted, and the formula applied to determine the amount of the severance pay. According to the report, most of the plans now in effect base the amount of payment on the number of days sick leave accumulated. (Author/JF)
Educational Research Service, Box 5, NEA Building, 1201 Sixteenth Street, N.W. Washington, D. C. 20036 ($1.25)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: Educational Research Service, Arlington, VA.