Cash for days when you retire

Dallas ISD employees who retire this year can get cash for their unused local days through the district’s Retirement Service Award. The more days remaining, the higher the payout.

To participate in the Retirement Service Award, employees should notify Human Capital Management no later than April 1 of the date they intend to retire. Notification should be made by entering the intended retirement date in Oracle Self-Service.

The Retirement Service Awards pays employees a flat daily rate of pay for any unused local days accrued by July 31. The exact rate to be paid will be determined upon calculation of the total of all participants’ remaining local days (calculated by July 31). There is no cap to the number of local days paid. There is no time in service requirement.

If employees complete the separation process in Oracle by April 15 and work the remainder of the year, they will continue to have pay and benefits through Aug. 31.

Those who do not enter their separation date in Oracle Self-Service by the April 1 deadline will not be eligible for the award.

For additional questions, employees may contact the HCM Benefits Department at 972-925-4300 or email Retirement@dallasisd.org.

 

 

 

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