TOPEKA, Kan. (AP) — Gov. Sam Brownback's administration is beginning an early retirement program for eligible state employees in an effort to reduce Kansas government spending.
Secretary of Administration Dennis Taylor said Tuesday the voluntary plan has been extended to about 4,000 state employees and runs through Sept. 19. There are more than 23,000 state employees.
Employees would have the option of retiring early and receiving up to 60 months of state-paid health insurance coverage for single members, 42 months for members plus dependents, or a lump sum of $6,500.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
