Clark County School District
Regulation 4370

Voluntary Early Retirement Incentive
Program: All Employees

In order to qualify for the District’s participation in the purchase of retirement service credit or health insurance, an employee must meet the criteria and adhere to the following procedures:

The employee resignation form (CCF-164) and the intent form for participation in the Early Retirement Incentive Program under Regulation 4370 must be completed and submitted no later than three months prior to the employee’s effective date of retirement.

Employees requesting early retirement benefits under Regulation 4370 must have completed a minimum of fifteen (15) years of tenure with the Clark County School District but less than twenty-nine (29) years of service and must have a minimum of 110 unused sick leave days. The amount of service credit or health insurance purchased is contingent upon the employee’s unused sick leave balance. To receive maximum benefits, the employee should have 250 sick leave days.

Employees earning an hourly wage will have their accumulated unused sick leave hours converted to days by dividing the total number of hours accrued by the total number of hours worked daily;
Example: 1,200 sick leave hours 6 hours worked daily = 200 sick leave days.

The employee must specify in writing as to how the District’s share of the contribution is to be used. The employee may select one of the following options for using the District’s Early Retirement Incentive Program funds:

A. Purchase additional months of retirement service credit.
B. Purchase of health insurance after retirement.
C. Purchase a combination of A and B.

Click here for additional information and to view Regulation 4370

Click here to view sample calculation. Retirement Estimate

Negotiated Agreement between the Clark County School District
and the Clark County Education Association Article 18

Voluntary Early Retirement Incentive
Program: Teachers Only

The District will provide an incentive to licensed employees who meet the criteria and adhere to the following procedures:

Have twenty-nine (29) years of accumulated service time in the Public Employees’ Retirement System of Nevada (PERS).

Have been employed as a teacher for at least fifteen (15) years with the Clark County School District.

Terminate employment with the District at the conclusion of the current contract year.

Have one hundred (100) days of accumulated unused sick leave.

The District shall provide an incentive as follows:

The District will purchase up to one year of PERS service credit, total service including such purchase not to exceed thirty (30) years.

An annual meeting regarding this incentive program is held in April.

Click here for additional information and to view the Negotiated Agreement.

Note The Following:

An employee who has received a District contribution toward the purchase of retirement service credit or health insurance may not be reemployed by the District in any position eligible for coverage under the Nevada Public Employees’ Retirement System until such time as the employee has reimbursed the District for the full amount plus applicable interest contributed by the District for the retirement service credit purchased or the insurance incentive paid on behalf of the employee.

Early Retirement Incentive Program Liaison

Contact: retirementincentives@interact.ccsd.net