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File #: 2013-0570    Version: 0 Name: Early Retirement Incentive Program 2014
Type: MOTION Status: PASSED
File created: 9/18/2013 In control: Board of Trustees
On agenda: 9/16/2013 Final action: 9/16/2013
Title: Early Retirement Incentive Program 2014

Title

Early Retirement Incentive Program 2014

 

Recommended Action/Motion

I move to authorize staff to develop an early retirement incentive program for IMRF-eligible employees with at least 8 years of service with the Village of Orland Park at $30,000 cash incentive plus $250 for each year of service in excess of 10 years;

 

And

 

Further authorize staff to prepare associated documents for an effective date of January 1, 2014.