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OPEIU Local 6 NewsFlash 4.27.09

OPEIU Local 6

News Flash

April 27, 2009

 

 

Chief Justice to Offer

Voluntary Retirement Incentive Program

 

The Chief Justice for Administration and Management (CJAM) announced today that he is offering a voluntary retirement incentive program.

 

The program is open to all employees currently contributing either 5% or 7% to the retirement system. Those employees have retirement service dates prior to December 31, 1983.

 

The program offers a one-time cash incentive of $7,500 to employees who currently contribute 5% and $5,000 for employees contributing 7%. These one-time pay-outs are in addition to vacation and sick leave buy-outs and are taxable.

 

Employees must sign up by May 29 and be approved by the CJAM. The program will be on a first-come, first-served basis. Employees must agree to retire no later than June 30, 2009. Please check the Trial Court’s Intranet page for complete details.

 

 

Please post and circulate.

 
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