TO: Executive Board and Council Leaders
DATE: June 4, 2010
RE: Early Retirement Incentive Questions and Answers
Attached for your reference is a copy of general questions we have received regarding the 2010-11 Early Retirement Incentive (ERI) as well as a copy the Division of the Budget Bulletin regarding implementation of the incentive.
PEF will be closely monitoring the implementation of the incentive to insure that it is as broadly applied as possible. As with the Voluntary Severance Package (VSP) we will be keeping track of members who have applied for the incentive and have been denied. Once the ERI window is open members who have been denied can provide this information through the PEF website. This information will be used to determine whether our members are being unfairly denied participation in the incentive.
If you have additional questions that you feel should be added to the Questions and Answers list please contact PEF at email@example.com.