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212 Accept Springfield Bonus

SEPTEMBER 2002 - Local Early-Outs Underway - The city of Springfield opened the Commonwealth's optional early retirement incentive program (Chapter 116) with a bang. By June 21, which the city had set as the last date for retiring, 212 Springfield employees had accepted the five-year ERI bonus and were out the door. Included in this number were 35 firefighters and 19 police officers.Quincy, which had been the first city to accept Chapter 116, retired an even 100 employees on June 30. Only 4 firefighters and 3 police signed to accept the five-year offer.

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Quincy First To Offer ERI
JULY 2002 - The City of Quincy had the honor of being the first community in the Commonwealth to accept Chapter 116, the local government early retirement incentive plan.
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Tax Package Nears Final Passage
JULY 2002 - Unlike previous years when the state's economy was robust, this year's budget debate stands in marked contrast, as major decisions on taxes had to be made by the Legislature. Debate in both the House and Senate was punctuated by intense negotiations between leadership and members over the specific taxes to be included in a package.
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ERIs May Save Local Jobs
JULY 2002 - Communities Taking Quick Action - The passage of a local government early retirement incentive (ERI) bill on May 22 may have come just in time to save some jobs in our cities and towns.
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Local Early Retirement Nears Approval
MAY 2002 - Strong Support In Legislature - Early retirement legislation, similar to that offered to Group 1 state employees and Group 2 court personnel, is now in the legislative pipeline at the State House.
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