The aging of the nation's teacher workforce underscores the importance of studying the impact of
early retirement incentive programs on student learning.
Paterson is also proposing
an early retirement incentive program in hopes of luring older and higher - paid public employees out of the system.
After
the early retirement incentive program, Illinois had a dramatic influx of new teachers and a rapid decline in average teacher experience.
Not exact matches
Jacobs said she is taking advantage of the Illinois Municipal
Retirement Fund's
Early Retirement Incentive program, through which she will receive credit for an additional five years of service and five years toward the
retirement age of 62.
Fruscher ominously notes that a «much more significant downsizing of our entire workforce lies ahead,» but the OTB is awaiting legislative approval for an
early -
retirement incentive program and a joint effort with the union that represents most of the operation's workforce in accordance with a MOU.
Gov. David Paterson today sent the Legislature a
program bill to provide another temporary
early retirement incentive for public employees in hopes of reducing the workforce to trim the budget deficit.
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.