The Board of Education is offering the early retirement incentive to its employees in June, July and August.

The early retirement law lets employers set up different enrollment periods for the two parts of the legislation, the traditional incentive (Part A) and the "55-25" no-penalty plan (Part B). The board chose to offer both parts simultaneously to conclude the program by next school year. The plans will close Aug. 31.

"The clock is ticking, so anyone interested in the Part B plan must act quickly," said Veronica Montgomery-Costa, president of Board of Education Employees Local 372. "We are pressuring the board to include Local 372's titles in Part A."

Employees should contact the New York City Board of Education Retirement System (BERS) at (718) 935-5400 for further information.

Members may also call DC 37's Health and Pension Services Unit at (212) 815-1200. "Members should visit BERS for detailed consultation and calculations, but they may also contact the union if they have questions about the full ramifications of retiring early," said Dennis Deahn, pension advisor and director of field services for the DC 37 Health and Security Fund.