27 City Employees Accept Early Retirement Incentives

Redlands Daily Facts › April 04, 2006

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Summary

REDLANDS - Retirements cost the city nearly $500,000 last year, but that figure is just a portion of the incentives that were given to employees to retire early, according to a mid-year budget adjustment released Friday.

In a move intended to save money long term, city officials offered incentives to employees with more than 18 years of experience to retire between July 1 and Dec. 31.

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Extract

27 City Employees Accept Early Retirement Incentives

According to the budget adjustment, that cost some $497,000, just for the General Fund employees. Utility employees were not included...

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