Buyout plan to be sent to state employees - WMC Action News 5 - Memphis, Tennessee
Member Center:
NASHVILLE, Tenn. (AP) - More than 11,700 state employees should receive buyout plans sometime this week.
Finance Department spokeswoman Lola Potter says the plans will be mailed on Monday and employees should get them in at least two days.
Gov. Phil Bredesen is cutting $468 million from the spending plan that begins July 1 because revenue collections are projected to fall far below expectations.
The governor is hoping 2,000 employees will voluntarily accept the plan, which administration officials estimate will save the state $64 million annually.
Finance Commissioner Dave Goetz has said he's confident the state will reach its goal.
A Web site, call center and special e-mail address will be set up to provide information and field questions from workers about the plan. Administration officials will also host a series of town hall meetings across the state.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
New University of Memphis basketball coach Penny Hardaway held his first media availability on Thursday.
More >>New University of Memphis basketball coach Penny Hardaway held his first media availability on Thursday.
More >>Friday marks the 19th anniversary of a mass shooting at Columbine High School. Many students across the United States don't think things have changed much since that day, and teens across the country, including the Mid-South, said they will take a stand by taking a walk.
More >>Friday marks the 19th anniversary of a mass shooting at Columbine High School. Many students across the United States don't think things have changed much since that day, and teens across the country, including the Mid-South, said they will take a stand by taking a walk.
More >>A Whitehaven home went up in flames Friday morning.
More >>A Whitehaven home went up in flames Friday morning.
More >>Reserve your St. Jude Dream Home tickets now, and you'll be eligible to win the ultimate Memphis experience.
More >>Reserve your St. Jude Dream Home tickets now, and you'll be eligible to win the ultimate Memphis experience.
More >>The MLGW website says smart meters are "99% reliable" and much more accurate than traditional analog meters.
More >>The MLGW website says smart meters are "99% reliable" and much more accurate than traditional analog meters.
More >>Authorities believe Stacie Mendoza, a waitress, used her friendship with Kenneth Coyle to get access to his financial information.
More >>Authorities believe Stacie Mendoza, a waitress, used her friendship with Kenneth Coyle to get access to his financial information.
More >>Sam Sally says she was coerced by her husband, who has since died, into crossing into ISIS territory while on vacation in Turkey four years ago.
More >>Sam Sally says she was coerced by her husband, who has since died, into crossing into ISIS territory while on vacation in Turkey four years ago.
More >>"I think it's ridiculous" said the mother of the child, after she was told she couldn't use the term "best friend" by a teacher.
More >>"I think it's ridiculous" said the mother of the child, after she was told she couldn't use the term "best friend" by a teacher.
More >>Minnesota woman suspected of killing her husband, then a woman in southwest Florida captured at a South Texas resort.
More >>Minnesota woman suspected of killing her husband, then a woman in southwest Florida captured at a South Texas resort.
More >>The deputies were identified as Noel Ramirez and Taylor Lindsey.
More >>The deputies were identified as Noel Ramirez and Taylor Lindsey.
More >>The state of Alabama has executed Walter Leroy Moody Jr.
More >>The state of Alabama has executed Walter Leroy Moody Jr.
More >>A Moulton man is dead after his wife stabbed him with a sword, according to the sheriff's office.
More >>A Moulton man is dead after his wife stabbed him with a sword, according to the sheriff's office.
More >>The family of a Seven Hills student found dead in his van has released another statement.
More >>The family of a Seven Hills student found dead in his van has released another statement.
More >> |  1960 Union Avenue
Memphis, TN 38104 (901) 726-0555
All content © Copyright 2000 - 2018 Raycom Media. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.
|
