Sentences with phrase «as early retirement incentives»

Over a two - year period, Illinois lost 10 percent of its teachers, most of whom were experienced teachers, as the early retirement incentive led to a threefold increase in the retirement of experienced teachers in the 1994 and 1995 school years.

Not exact matches

Ford Motor said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price.

Every bit you save now means you're that much closer to retiring early — and the best part is that most retirement accounts offer tax benefits as an incentive to help you save for the future.

The Star - Gazette is losing more than 100 years of collective experience as six Elmira staff members are accepting the optional early - retirement incentive from parent Gannett.

Mr. Cuomo will also seek a cut in state operations of roughly 10 percent, a move that would require reductions of as many as 15,000 jobs, through layoffs, attrition or early retirement incentives, unless other savings can be found.

According to Fitzpatrick and Lovenheim: «Early retirement incentives (ERIs) are increasingly prevalent in education as districts seek to close budget gaps by replacing expensive experienced teachers with lower - cost newer teachers.

Although early retirement incentive (ERI) programs have been around since the 1970s, their popularity has spiked in the past five years, as it has during previous recessions.

Reemployment provisions such as these are not found in the private sector, where early retirement incentives are usually part of a downsizing effort.

Early retirement incentives (ERIs) are increasingly prevalent in education as districts seek to close budget gaps by replacing expensive experienced teachers with lower - cost newer teachers.

Late - career incentives, such as large salary increases or backloaded retirement benefits, simply don't have the same potential to shift teacher retention rates as early - career investments.

Many school administrators have been asking about using some of the so - called school jobs money» as incentive for early retirement and the official word is that it's an approved expense.

A hard incentive such as an increase in the earliest eligibility age, which would force people to change their behavior, could ultimately help people become better situated in retirement.