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State Offers Incentives to Urge Employees to Retire

The state is offering health insurance or cash payouts to certain employees, to urge them to retire. The program will offer employees who are currently eligible to retire up to five years of state health insurance coverage or a 65-hundred dollar payout. Secretary of Administration Dennis Taylor says the target will be state employees who could retire but are staying in their jobs for the health coverage.

Around four-thousand of the state’s 24-thousand employees are eligible for the retirement package. State workers will have one month to sign up for the retirement offer.

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