File: GBOA-R

ROCKINGHAM COUNTY PUBLIC SCHOOLS

SUPPLEMENTAL RETIREMENT PLAN

A. Eligibility: Any person employed currently by the Rockingham County School Board in a

full-time position covered by VRS who meets the following provisions:

1. Ten continuous years of employment with Rockingham County Public Schools in a

full-time, contracted position immediately preceding retirement.

2. Twenty years of full-time creditable VRS work experience documented in Personnel Office.

3. Subject to budgetary limitations and number of openings available. If the number of applicants exceeds

funds budgeted for program in any year, applicants will be approved on “first come-first served” basis.

4. Initial application for supplemental retirement must be received between March 1 and June 1 for

participation in the subsequent fiscal years. If a retirement date other than July 1 is selected, participation

will be based on the preceding year salary and availability of openings. Requests to participate must be

accompanied by an official letter of retirement from employment.

5. In order to be eligible, the retiree must have demonstrated exemplary performance and conduct during

his/her employment with Rockingham County Public Schools.

B. Limitations: The following limitations shall apply:

1. The program terminates upon death of retired employee.

2. The employee’s participation will take place for up to five consecutive years.

3. The program terminates if the participant fails to comply with requirements fully.

4. Budgetary limitations shall govern number of openings annually.

5. Retirees will not benefit from annual revisions in salary scales.

6. Part-time employment shall not constitute creditable years of qualifying experience.

7. It is the participant’s responsibility to maintain an accurate accounting of the number of days worked

during a year (July – June). Supplemental Retirement Plan compensation beyond 20 days is not available.

C. Compensation: Each employee approved for participation in the Supplemental Retirement

Plan will be paid in installments with these provisions:

1. Annual payment will be 11% of Level 0 of the salary scale used during the last full contract year completed prior to retirement, excluding all supplements. Total amount will not exceed 11% of Level 0

of the teacher salary scale.

2. Each participant will be responsible for reporting earned income and paying social security taxes as applicable.

3. Participants are required to submit a timesheet for payment. Payments will be monthly based on actual days worked in the month during participation in the SRP. Documentation of time worked must be reported in one- half or full day increments and will include the employee for whom the participant substituted, assignments, and/or what duties were performed. The supervising administrator’s signature is required or the signature of the Assistant Superintendent of Instruction.

4. Deviation from the documentation requirements may result in delay of payment.

(continued)

4/10 RCPS ROCKINGHAM COUNTY SCHOOL BOARD

File: GBOA-R

(page 2)

D. Services to be rendered: Participants in the Supplemental Retirement Plan will assume an obligation to perform

services assigned by principals and selected directors for 20 days each school term. Each SRP participant must be able to perform the essential functions of the position or the assignment with or without reasonable accommodation no differently than would be applicable to any other employee. The days to be worked shall be scheduled to meet division needs in the manner advantageous to the school system. Assignments will be selected in areas compatible with the individual’s training, experience, qualifications, and previous experience.

The large majority of all SRP days will be devoted to substituting in a capacity similar in nature to that position from which the individual retired and/or in their areas of endorsement (teachers sub in teaching positions, bus drivers sub in driver positions, etc.). Requests for exceptions to this requirement will be submitted by an administrator and must be approved in advance by the Assistant Superintendent of Instruction. Occasionally, pre-approval for the utilization of these positions may be granted to include: 1. Serve as resource person. 2. Serve as consultant and/or organizer for staff development programs, programs for orientation for new teachers and administrators, and other programs designed to provide professional growth of staff members.

3. Assist with instructional and administrative duties as approved. 4. Provide remedial assistance to students who need such remediation. 5. Perform other duties as agreed upon by the retiree and the Division Superintendent, or his designee.

E. Benefits: Participants in the Rockingham County Supplemental Retirement Plan will not be eligible for benefits, but may remain in the division’s group health insurance plan until the retired employee becomes eligible for or obtains other health coverage. The participant is responsible for the entire premium except as covered by VRS or by division policy. All employees considering this plan are advised to consult with the Social Security Administration to determine effects, if any, on F.I.C.A. benefits.

F. Plan Changes: Should the Supplemental Retirement Program be abolished by School Board action or changed substantially, persons already enrolled will be notified of the change. Participants may withdraw from the plan; however, they may not reactivate participation in the Supplemental Retirement Program.

Adopted:

___________________________________________________________________________

Legal Ref.: Code of Virginia, 1950, as amended, § 22.1-78.

Cross Ref.: GBOA Retirement Program/Supplemental Retirement Plan

GBOB Retirement Pay

4/10 RCPS ROCKINGHAM COUNTY SCHOOL BOARD