"Phased Retirement"

How does Phased Retirement work?


Teachers and other school district employees who reach normal retirement eligibility through the ASRS simply retire from their school systems and become contracted employees of smartschoolsplus. smartschoolsplus places the retired employees back in their same position (or one in which they are qualified) and comparable salaries. School districts retain the same experienced employees and achieve significant cost savings per employee!


School District Advantages


  • Retain the services of trusted educators & staff
  • Reduce the cost of training new personnel
  • Reduce the cost of fringe benefits, such as Workers' Compensation,unemployment insurance, FICA/Medicare, ASRS matching contributions ( the Alternate Contribution Rate would now apply), and in most cases, health insurance

Employee Advantages


  • Keep working until you are ready to fully enjoy retirement
  • Maximize earning potential
  • Earn full retirement benefits
  • Increase your retirement investment opportunities
  • Enjoy the benefits of professional liability insurance, Workers' Compensation, unemployment insurance and FICA/Medicare and 401(k) contributions
  • Financial and emotional bridge to retirement