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Dear NJSBA Member,
On July 15th, Governor McGreevey signed into law a measure (A-2640) that gives school boards the ability to offer early retirement incentives as a cost-saving strategy. The New Jersey School Boards Association strongly advises boards to thoroughly examine any early retirement incentive program-to understand the effects of the long-term costs, staff participation in the program, and possible difficulties associated with replacing staff who retire.
Please continue to turn to www.njsba.org for information on this issue.
Sincerely,
Edwina Lee
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