On Thursday, January 7th over 75 GEA members logged into a Zoom presentation on retirement. Doug Wagstaff, Granite School District, associate director of retirement and evaluations, presented and guided attendees to understand the negotiated Early Retirement Benefit available for teachers in Granite District. A similar presentation may be found on GEA’s website under the link for Member Resources/Presentations.
If you plan to retire at the end of this year, 2020-21, teachers must do so by February 1, 2021 by contacting Doug Wagstaff at: email@example.com or (385) 646-4344.
Kory Cox, from the Utah Retirement Systems (URS) presented retirement information necessary for teachers who are choosing to retire, and those who are considering retiring soon (within three years of making this decision), Cox advised teachers to make an appointment to meet with a financial expert at URS (at no cost) to begin the planning process. Cox outlined where to find information on the URS website as well as scenarios for those under the Tier I and II retirement plans.
Participants had time to ask questions after each presentation and at the end of the Zoom seminar.
If interested, here is a link to the video of the recorded event >> https://drive.google.com/file/d/1ptic12XLaqpm4u6yo9BDOGpRgzP6nDm-/view