Thursday, August 29, 2013

retirement news

The Board of County Commissioners have approved a Retirement Incentive effective August 5, 2013. 

Program eligibility requirements include:
  • Thirty (30) years of local government service as recognized by the North Carolina Local Government Retirement System;
  • Twenty (20) years of service with Rowan County;
  • Fifty-five (55) years of age or older;
  • Retire on or before March 31, 2014.
Compensation includes an amount equal to four (4) months salary, not to exceed $16,000, for the incentive.  Full retirement benefits through the Local Government Retirement System and the County’s Retiree Health Insurance benefits until age sixty-five (65) will be provided.  All vacation and non-exempt compensatory time balances will be paid to each recipient.

If you have any questions, please feel free to contact Debbie Holshouser at 216-8103.

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