Contracts are Considered Binding. A. A teacher with a minimum of 8 years in the district who gives irrevocable written notice of resignation, effective at the end of the school year, to the office on or before January 15 will receive a one-time payment of twenty-five hundred dollars ($2,500.00) in the final paycheck at the end of the school year. This payment will not be TRS eligible.
B. Any teacher who resigns after signing his/her contract will pay a fine as follows: $1,500.00 from signing to May 1st. An additional $2,500.00 will be applied to resignations from May 2nd through the end of the contract term on June 30th of the subsequent calendar year. If the resignation is mutually agreed upon by all parties, the fines shall be waived. Any fines shall be deducted from the teacher’s final paycheck.
Contracts are Considered Binding. Any teacher who resigns after June 30th will be responsible to reimburse the district their employee portion of their health insurance and any voluntary coverage that was paid by the district after June 30th through the month they resign.
