Early retirement plan will save some from layoffs at city [The Wenatchee World, Wash.]
| By Michelle McNiel, The Wenatchee World, Wash. | |
| McClatchy-Tribune Information Services |
The buyouts and insurance concessions, announced Thursday, move
Kuntz announced plans about a month ago to cut the city's annual budget, largely due to shrinking revenues, increasing employee costs and Town Toyota Center. He initially asked the city's three unions, which represent about 140 of the city's 180 employees, to voluntarily agree to pay more for medical insurance premiums. But when they did not collectively agree to do it, he decided on a plan that would lay off three police officers, one police records clerk, eight firefighters, and four of the five employees at the
At the same time, he invited the unions to offer alternatives to the layoffs that would achieve lasting cuts to city expenses.
The unions then asked the mayor to consider an early retirement buyout to entice employees nearing the end off their careers to leave early. Kuntz said the city settled on
The two officers -- Sgt.
In addition,
In the
Kuntz said the fire union,
"They've asked to open their contract," the mayor said. "We'll have to see what concessions they offer before we know more."
Union President Capt.
Lindemann said the union will ask the city to switch to a new insurance plan next year that would save employees and the city money.
He said that between the two early retirements and the insurance concession, the unions hopes to avoid any layoffs in the fire department this year.
"I think we can get there," he said. "We're going to stay at the (negotiating) table until we do. ... I think the mayor has shown a complete willingness to work with us on this."
Kuntz also said Thursday that all four of the museum employees being laid off will be hired on a part-time basis by the
___
(c)2012 The Wenatchee World (Wenatchee, Wash.)
Visit The Wenatchee World (Wenatchee, Wash.) at www.wenatcheeworld.com
Distributed by MCT Information Services
| Wordcount: | 654 |



Advisor News
- Metlife study finds less than half of US workforce holistically healthy
- Invigorating client relationships with AI coaching
- SEC: Get-rich-quick influencer Tai Lopez was running a Ponzi scam
- Companies take greater interest in employee financial wellness
- Tax refund won’t do what fed says it will
More Advisor NewsAnnuity News
- The structural rise of structured products
- How next-gen pricing tech can help insurers offer better annuity products
- Continental General Acquires Block of Life Insurance, Annuity and Health Policies from State Guaranty Associations
- Lincoln reports strong life/annuity sales, executes with ‘discipline and focus’
- LIMRA launches the Lifetime Income Initiative
More Annuity NewsHealth/Employee Benefits News
- PLAINFIELD, VERMONT MAN SENTENCED TO 2 YEARS OF PROBATION FOR SOCIAL SECURITY DISABILITY FRAUD
- Broward schools cut coverage of weight-loss drugs to save $12 million
- WA small businesses struggle to keep up with health insurance hikes
- OID announces state-based health insurance exchange
- Cigna plans to lay off 2,000 employees worldwide
More Health/Employee Benefits NewsLife Insurance News