[Mail_treas] Severance payouts

[Klingshirn, Justin]

We pay out through payroll unless we offer an incentive to retire early
which is though an annuity. Severance is paid in one lump sum.

Thanks,

Justin Klingshirn
Treasurer/CFO
Vermilion Local Schools

On Mon, Jun 25, 2018 at 2:21 PM, Frank Antill <fantill at mariettacsdoh.org>
wrote:

> Does any District still give Teachers the option to have their severance
> paid out over three payments and into the following year?  Does IRS allow
> this?
>
> Thanks,
>
> Frank Antill
>
>
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