Section 1. Severance Pay
The School Board shall provide severance pay to teachers who were hired prior to July 1, 1989 and retire from teaching in District 623 according to the past contract language.
Section 2. Benefits
Employees hired after July 1, 1989, who retire, may continue participation in the health and dental program for up to 10 years or up to the age of Medicare eligibility at their own expense.