Sentences with phrase «early retirement programs»

The opportunity for teachers to retire early exacerbates the measurement challenge, as early retirement programs give teachers greater flexibility in deciding when they leave teaching.

Workers left through attrition, including an early retirement program, and many switched roles.

This reduction was driven primarily by restructuring charges associated with the fiscal 2017 store closures and voluntary early retirement program.

More than 180 jobs have been vacated through budget cuts and an early retirement program.

More than 180 jobs have been vacated through budget cuts and an early retirement program, yielding annual savings of $ 7 million.

There seems to be plenty of interest from Onondaga County employees in an early retirement program.

The program is different and less expensive than an early retirement program that would credit employees» extra years to their service and increase their pensions.

Last year, when Mahoney presented the current budget, she said the county had cut 502 jobs through layoffs, attrition and the early retirement program since she took office in 2008.

To determine the effect of teacher exits on students, Maria Fitzpatrick and Michael Lovenheim, both of Cornell University, took advantage of a natural experiment — a two - year early retirement program in Illinois in the early 1990s.

Because of the early retirement program, the median teacher retired five years earlier than she would have otherwise, at age 55 with 27 years of service rather than at age 60 with 32 years of service.

In other words, while an early retirement program reduces teacher salary costs, it still can cost the state money through higher pension payments.

To deal with the new «retail environment for luxury goods,» the company's chairman and CEO Michael J. Kowalski already announced cost - saving measures, including an early retirement program.

Not exact matches

However, despite his advocacy of nation - wide programs, Farrington has a simple message for Canadians thinking about their retirement security: «We hope that this ranking can be a rallying cry to employees to be saving as much as possible, as early as possible.»

The company expects most of the cuts to come from a voluntary early - retirement program it is offering in the United States.

It's never too early to start retirement planning and a savings program, even though it may seem a lifetime away.

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.

Paterson is also proposing an early retirement incentive program in hopes of luring older and higher - paid public employees out of the system.

Almost 600 teachers and administrators have taken advantage of an early - retirement program offered by the Denver school district, raising fears that the system will have trouble finding enough experienced replacements.

The aging of the nation's teacher workforce underscores the importance of studying the impact of early retirement incentive programs on student learning.

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.

After the early retirement incentive program, Illinois had a dramatic influx of new teachers and a rapid decline in average teacher experience.

A commission chaired by the City of Chicago's Comptroller issued a report earlier this week which said that Chicago can no longer afford its subsidies for government worker retiree health care, which currently cost the city $ 109 million annually but would grow to nearly $ 500 million in a decade thanks to projected increases in the number of retirees and in health care costs.The commission offered Mayor Rahm Emanuel a series of suggestions on how to change the program to save money, including having workers pay a greater percentage of their own health care premiums in retirement, but it also concluded that the city might want to simply end the subsidy program, a move which almost certainly would be challenged in court.

Congressional staff members enrolled in the Federal Employee Health Benefits Program since the earliest opportunity, in the five years preceding retirement, or for the entire period of eligibility, can continue receiving health benefits through the plan if they retire on immediate annuity.

For your retirement program, this means establishing good habits and starting to save as early as possible.

As explained in more detail in the fund's prospectus, the fund that charges a redemption fee reserves the right to waive its early redemption fee for certain tax - advantaged retirement plans or charitable giving funds, certain fee - based or wrap programs, or in other circumstances when the fund's officers determine that such a waiver is in the best interest of the fund and its shareholders.

But Early said the senior status program would not jeopardize the state's judicial retirement fund's long - term health, because legislators increased the fund's subsidy by $ 420,000 in 2000 to cover senior judges.

****** The Post article published Feb. 17, 2007 states: «As many as 20 judges across the state — including three from Northern Kentucky — could take early retirement this summer unless the General Assembly passes legislation extending the senior judge program.

The executive director of the retirement system, Donna Stockton - Early, acknowledged that the program's annual liabilities to the pension fund far exceed the budgeted amount.

Although the board is officially neutral, retirement system director Donna Stockton - Early said it is operating under the assumption the program will expire in 2009.

It focuses on six key pillars that can help define security for households: jobs, early childhood programs, higher education, health care, housing, and retirement.