NT council offers retirement incentive
| By Michael Regan, Tonawanda News, North Tonawanda, N.Y. | |
| McClatchy-Tribune Information Services |
"This year we are offering a retirement incentive that is not quite as rich as it's been in the past," he said.
But there's another catch: Those interested in accepting the incentive, would only have until
Employees of either CSEA or AFSCME with 20 or more years of experience and who meet the prerequisites would be offered two installments of
They would also be required to accept whatever changes come along with ongoing union negotiations, with contracts for both unions set to expire at the end of the year.
The municipality has offered the incentive in one form or another since 2009, though Mayor
Council President
"The savings alone on the health insurance would pay more than the bonus," he said. "But it will probably only affect three or four employees. I think it's a good thing for the city because of the savings."
Dotterweich said 35 people have accepted incentives since 2009, with a peak of 13 deciding to retire in 2011, adding that four people have expressed interest in this year's offering.
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