20 Aug 2014
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Early Retirement on the Table for Peekskill City Workers

The Peekskill Common Council will discuss a plan to offer early retirement for city workers during Monday's work session.

Early Retirement on the Table for Peekskill City Workers

 

The Peekskill Committee of the whole plans to discuss a resolution to enact retirement incentive program for the city’s employees during today’s public work session.

All municipal workers 55 or older will be eligible for the program, which is being done to ease the impact of the layoffs built into acting City Manager Brian Havranek’s $35.6 million budget proposal for 2013. Havranek’s proposal would cut 31 full-time jobs, seven which are currently vacant, and nine part-time jobs in the city.

Employees who take the early retirement package would receive $500 for every year worked, with a maximum cap of $12,000.

The incentive program caps the number of police officers who can apply at three and the number of firefighters who can apply at two. This is being done to maintain proper staffing levels with the police and fire departments, according to the resolution.

Firefighters and police officers will be allowed to apply on a first come, first serve basis. A copy of the resolution is attached to this story.

Tonight’s work session begins at 6:30 p.m. in city hall.

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