"Buy-out"

"Buy-out"

What problem does it solve? Offer a "buy-out" package for those that are close to retirement. My thoughts are: paying someone on a lower end of there current range verses the max step. That's a savings in itself! Try running the numbers... It's worth the shot! What is your solution and who does it apply to? State Workers and our state budget What is the anticipated impact? @ least 100+ state wide would retired

Points

Add a "sweetener" for Tier 5 employees who are less than 65!

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