OKLAHOMA CITY (AP) - Glenn Coffee, president pro tem of the
Oklahoma Senate, says early retirements by 18 staff members and
acceptance by seven others of a buyout offer could trim nearly $1
million from the chamber's budget.
Coffee, R-Oklahoma City, said 25 people accepted a buyout plan
offered to employees in April. Of the 25 employees, 18 were
eligible to retire, he said.
Employees taking the buyout plan will receive a $5,000 lump sum,
enough money to cover an individual's health insurance premium plan
for 18 months and their next scheduled longevity payment, said Tom
Walls, Senate chief of staff.
Most of the vacated positions will not be replaced. Coffee said
the 18 retirements represented 20 percent of the Senate staff.
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