The purpose of the Early Retirement Incentive Plan is to enable teachers, during the period of declining enrolment, to retire earlier than they might otherwise decide.
The Plan will provide the teacher with an opportunity to earn money, following retirement, which may help reduce the impact of financial loss incurred under the terms of the Teachers’ Pension Act by electing early retirement.
A teacher must be eligible for a pension under the Nova Scotia Teachers’ Pension Act.
EARLY RETIREMENT INCENTIVE PLAN CONTRACT