Tuesday, January 12, 2010

Hundreds of DeKalb Employees to Retire Early

According to the AJC, "DeKalb County is counting on hundreds of employees to retire early to offset a drastic drop in revenue.
If not, county workers will likely face layoffs."


By Megan Matteucci

The Atlanta Journal-Constitution


On Tuesday, county commissioners gave the first approval for an early retirement program -- one of several cost-saving measures proposed to help offset a loss of about $50 million in revenue.

The county is planning to allow employees who are 50 years or older the option to retire early without a penalty. Employees with 25 years of service who are not 50 will also be able to leave early.

In exchange for their retirement, two extra years of service will be added to their retirement package.
ajc full story.

1 comment:

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