Governor reveals plan for state employee retirement incentives | News
HUNTSVILLE, AL (WAFF)- Governor Robert Bentley made a stop in the Rocket City on Wednesday.
He spoke with members of the Alabama Retired State Employees Association.
That group may see its ranks swell if some of Bentley's money saving plans are approved.
Bentley hopes more current state employees retire soon, and he's trying to make that option as appealing as possible.
The governor earned a huge round of applause when he told retirees that he wants to make sure their retirement is not only adequate but sustained for as long as they need it.
He then revealed his new plan to save that state money by offering state employees incentives for retiring.
The type of incentives hasn't been figured out just yet, but it will either come down to paying for their insurance or a tax incentive.
If about 1500 employees retire, it could save the state between $20- and $30-million.
"We're not trying to force anybody to retire, but this gives them an incentive. If they are already eligible to retire, it would just give them an incentive to retire," said Bentley.
The governor did warn some agencies are better able to handle retirements than others.
Bentley used the Department of Corrections as an example, saying they couldn't lose too many employees right now.
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