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4,650
State Employees Take Early Retirement
Boston
Globe, June 3, 2003
Thousands of
Connecticut’s state workers have applied for early retirement, a move
that could save the state about $330 million over the next three years,
state officials said Monday.
Of the 11,000 workers eligible for the package, 4,650 applied for it
before Sunday's deadline passed. The state comptroller's office on Friday
was in overdrive processing the applications.
"They were so maxed out just stamping applications on Friday. They
came in by the bushel," said Steve Jensen, a spokesman for the state
comptroller. "And then they had to come in on Saturday and do the
same."
To be eligible, employees had to be at least 52 years old with 10 years of
service. For workers in hazardous duty - at the departments of Public
Safety and Correction - the minimum rises to 20 years.
A breakdown of retirements in specific state agencies was not available
Monday evening.
Some officials are worried that state government will be harmed by the
loss of institutional knowledge.
The Connecticut State University system lost 98 full-time professors to
early retirement out of a total full-time faculty of 1,100. The departures
come at a time when enrollment in the system's four schools - Eastern,
Southern, Central and Western Connecticut state universities - is peaking.
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© 2002 Global Action on Aging
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