Each year, PFTCE and PPS sign a Memorandum of Understanding (a copy of the MOU is located here) that allows employees to retire mid-year, and work through the end of the school/work year.  This is commonly referred to as working in the “PERS Bubble.”  For the 2009-10 school year, eligible PFTCE employees may retire at the end of any month (starting November 30, 2009), and continue to work until the end of their school/work year.  This agreement was signed by both PFTCE and the District on Tuesday, October 13, 2009.

If you are eligible to retire, congratulations!!  Please complete an Employee Resignation Form located on the “Inside PPS Employee Benefits and Compensation” site.  Other “PERS Bubble” information is available at this link, as well as a link to PERS.  If you wish to contact PERS by phone, you may call 503-603-7777 to order a PERS retirement packet or ask questions.

We hope this announcement will assist employees when making important decisions about retirement.  If you have any questions or concerns, please contact Camilla Monagon, Benefits Analyst, at 503-916-3373 or e-mail her at cmonagon@pps.k12.or.us.