In light of the recent implementation of VSIP, I looked back at your post on ERIP in 2015. Could you do a post on the effectiveness of ERIP in 2015, how many employees took advantage of the program per agency, and how VSIP 2016 compares? This is very important information for those who may be …
Early Retirement Incentives
Some Democratic senators oppose Baker’s early retirement plan
Senator Brownsberger was one of six senator interviewed by The Boston Globe regarding their concerns with Governor Baker’s Early Retirement Incentive Program. The Globe reports, “The senators, who range from conservative to liberal, said the pension-sweetening bill is fiscally irresponsible — creating additional pension costs for the state in future years — and they worry the plan could gut some state agencies to the point of hurting services.”
Understanding the Governor’s Early Retirement Incentive Program
The Governor’s Early Retirement Incentive costs half a billion dollars more than a hiring freeze and has the potential to damage the essential missions of many state agencies.
Update: Early Retirement Incentive For Teachers
In response to a proposal initially made by the Arlington teachers’ union, and after considerable consultation with many affected parties and experts, the members of the Arlington legislative delegation (Senator Donnelly, Reps. Garballey and Kauffman and myself) have developed and committed to support the amendment appearing below to the municipal relief bill. It will be …
Continue reading “Update: Early Retirement Incentive For Teachers”
Possibility of Early Retirement Incentives
Further below see a proposal made by the Arlington Education Association for an early retirement incentive ERI for teachers. I think this concept deserves some careful study.