Rell Proposes Retirement Package For State Workers

by jdooley
February 8th, 2009

Gov. M. Jodi Rell called Saturday for a retirement incentive plan for state employees that she wants the legislature to approve this week.
If the plan is approved by the Democratic-controlled legislature in the coming days, it would mark one of the fastest approvals in state government compared to the normal process of public hearings and budget deliberations that often takes months.
About 9,000 state employees who have reached the age of 55 would be eligible for the program, and Rell’s budget office projects that an estimated 3,000 would take the offer. The full details on the package were not available Saturday, and they will be unveiled to the legislature on Monday.
The program is being offered, Rell said, in order to avoid layoffs of state employees.

All employees would have to leave their jobs by March 31, and the state would thus have three months of savings for the current fiscal year that ends on June 30.
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