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Keyword: incentiveplan

Early Retirement Incentive Plan a.k.a. MONEY GRAB

04/09/2002 9:05:34 AM PDT · by republicandiva · 11 replies · 253+ views
Memo from Bob Lang to Sen. Charles Chvala | April 3, 2002 | Bob Lang, Director Legislative Fiscal Bureau

Some background info for non-Wisconsin residents: Wisconsin currently suffers from a $ 1.1 billion budget deficit. Our Republican Governor has proposed the elimination of state shared revenue funds to individual municipalities...a plan which has been met with "extreme" opposition from local government officials unwilling to try to cut their budgets.The Democratic controlled State Senate has proposed an early retirement program for state employees as a means for budget savings. Below are excerpts from a memo written by Bob Lang, Director of the Legislative Fiscal Bureau for the State of Wisconsin to Senator Chuck Chvala, re: POTENTIAL COSTS AND SAVINGS OF...

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