Tuesday, September 15, 2009

More than 3m700 to Take Retirement

New York budget officials say the number of state workers will decrease by just over 37 hundred this fiscal year. Some eleven hundred workers will take a one-time severance payment of $20,000. The state Budget Division says the cuts will probably save about $260 million over two years because they're part of cost-cutting agreements that were negotiated in June between Governor David Paterson and two unions to avoid layoffs.