Sentences with phrase «retirement incentive»

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

They did agree to push a city worker retirement incentive program and feel a boost in parking fees will help.

The district was not the only area school district to offer an early retirement incentive for next year.

The budget's expense cuts, totaling $ 30 million, primarily come from the county workforce, including a recent voluntary retirement incentive that removed roughly 300 employees.

Their findings indicate that although early retirement incentives lead to the replacement of experienced educators with novice teachers, they do not result in reduced test scores.

The company is using layoffs and early retirement incentives to reach its goal by the end of next year.

negotiating fundamental changes to pension, benefits and executive compensation plan designs and designing and implementation of early retirement incentive plans

Morrissey has a number of critiques of our articles, but the main one, as the title suggests, is that our metaphors are inappropriate, and there is nothing at all «peculiar» about the structure of retirement incentives in teacher pensions.

To address falling revenue, both Oyster Bay and Huntington cut staff by offering retirement incentives.

Megna was reluctant to even discuss layoffs, saying the administration wants to wait and see how the latest round of retirement incentives is received in hopes of reaching the $ 250 million in workforce savings included in the budget.

In the mid-1990s, Illinois offered an early retirement incentive which allowed employees to purchase extra years of creditable service for calculating their retirement benefit.

In other words, the early retirement incentive cost Illinois $ 92.3 million.

At a time when millions of babyboomer teachers are nearing retirement, their decisions on when to leave the classroom are guided more by the early - retirement incentives built into state pension plans than by educational considerations, according to new research by a pair of economists.

SYRACUSE, N.Y. — Onondaga County's plan to cut spending with retirement incentives saved about $ 7.7 million, but it wasn't enough to avoid layoffs.

But one of the main reasons expats are drawn to Panama is its extraordinary retirement incentives.

Most major tax breaks for individuals — the charitable deduction, retirement incentives like 401 (k) and IRA provisions, the tax exclusion for employer - provided health care, the earned income tax credit, and the child and dependent care tax credit — would not be cut.

Heading into last weekend, Looney had hoped the Democrats» plan would include a state employee retirement incentive program, saving $ 80 million, as Republicans had pushed.

In all three of these situations, proponents of pensions as retirement incentives would expect higher turnover rates from those teachers enrolled in TRS3, the hybrid plan.

But after the district's 2004 budget was adopted, the state legislature passed an early retirement incentive law that gave the district a reprieve of $ 5 million a year for the 2004 and 2005 fiscal years.

UFT President Michael Mulgrew says Bloomberg should use retirement incentives to prevent teacher layoffs.

Nassau lawmakers unanimously approved a $ 13 million retirement incentive Wednesday for members of the county's largest municipal union.

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.

Suffolk County Executive Steve Levy introduced twin retirement incentive plans and warned of layoffs if public employees don't play along.

With the newest retirement incentive agreement, retirees who opt to forgo the health insurance could each receive a total of $ 65,000.

Malloy has reserved comment on the GOP retirement proposal, but has been skeptical in the past when discussing such retirement incentive programs.

In our school the administration joined with the teachers union to sort of purge the ranks of older teachers under color of an easily retirement incentive coordinated with Medicare in return for a better deal for younger remaining teachers.....

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.

A lot of it has to do with those extraordinary retirement incentives I mentioned earlier....

Most major tax breaks for individuals — the charitable deduction, retirement incentives like 401 (k) and IRA provisions, the tax exclusion for employer - provided health care, the earned income tax credit, and the child and dependent care tax credit — would remain unchanged.

Onondaga County is offering the voluntary retirement incentive to save $ 8.3 million in payroll expenses.

For instance, both Malloy and legislators have resisted employee retirement incentives, saying they usually prove too costly.

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.

This push - out feature is unique to defined - benefit plans; by contrast, retirement plans like a 401 (k) continue to grow for each year of work, and do not have these sorts of retirement incentives.

ALBANY — Gov. David Paterson's early retirement incentive for state employees is off to a slow start because several state agencies are having difficulty identifying job titles suitable for elimination.

One reason the proportion of working seniors fell between the 1970s and 1990s, said Nyce, is that earlier generations enjoyed defined benefit plans loaded with early retirement incentives.

Nowhere else can you enjoy such a comfortable life... with a year - round mild tropical climate, excellent medical care, fresh, healthy food straight from the farmer's truck... and a retirement incentive program that's truly welcoming of expats...

Masterson had offered other ways to save money, including changing schedules to cut down on manpower and early retirement incentives.

The Nassau Interim Finance Authority approved a retirement incentive program for county workers to help reduce staff and payroll costs for years to come.

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.

«The governor is in such a rush to discuss layoffs, he hasn't even allowed his commissioners time to implement the early retirement incentive.

The Nassau Interim Finance Authority on Tuesday approved a retirement incentive program for county workers to help reduce staff and payroll costs for years to come.

We are going to have to because out early retirement incentives is not adding up to the $ 250 million.»

According to Kriss, 260 DEC employees took the early retirement incentive, and DEC abolished 260 positions — «real savings,» he said.

He could not immediately say whether the salaries they're receiving are equal to those of the individuals who departed the payroll, which would seem to defeat the purpose of early retirement incentives.

Overall, the Paterson administration has said that statewide, the early retirement incentive could save up to $ 130 million this fiscal year.

Neff was one of three senior attorneys to take a retirement incentive at the end of Perez Williams» first year as corporation counsel.

The move takes advantage of a retirement incentive program intended to save the county money on salaries, but Rapp's exit will do the opposite.

Spokesman Erik Kriss said the 209 number wasn't set in stone, and would depend on final savings from people who took an early retirement incentive and attrition, such as regular retirements between now and the end of the year.