Fresno Unified Approves Retirement Incentive. It Saves $56 Million as 573 Leave Early

  • Fresno Unified trustees approve an early retirement plan for more than 550 employees, allowing the district room to address a strained budget.
  • The district will save over $13 million in one year and $56 million over the next five, allowing them to avoid layoffs and protect school programs.
  • The plan generates district savings by incentivizing veteran employees to retire but depends on the positions remaining vacant.

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The Fresno Unified School Board unanimously approved a supplemental retirement plan Wednesday for more than 550 employees, shaving over $56 million over the next five years for the district’s strained budget.

The district lost 1,100 students this school year and anticipates losing 1,200 next year, district chief financial officer Patrick Jensen said.

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