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HR presents voluntary retirement incentive options; county to weigh cost, savings and succession planning
Summary
Human Resources presented voluntary retirement incentive options for employees eligible for PERA retirement. Staff estimated 66 employees may be eligible this calendar year and provided cost and vacancy‑savings scenarios for 3, 6, 9 and 12‑month buyouts.
Human Resources briefed the commission on March 4 about a possible one‑time, voluntary retirement incentive to encourage eligible employees to retire and create opportunities for workforce realignment.
HR staff summarized eligibility based on Public Employees Retirement Association (PERA) rules and the county’s plans. Under PERA, Tier 1 applies to employees first hired before June 30, 2013 (or those who kept prior contributions), while Tier 2 covers later hires or those who withdrew earlier contributions. HR…
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