City makes early retirement offer

The Clear Lake City Council approved an early retirement incentive Monday night which could help as many as three eligible city employees retire with the ability to keep their medical insurance coverage.

City Administrator Scott Flory said the incentive program is offered every four to five years and is identical in each offering.  Some interest had been expressed  in the voluntary program this year, so the city is making it available.

Eligible employees must be current full-time or full-time equivalent who are age 56 or older and have not less than 25 years continuous employment with the city.  They must give notice of their intent to participate in the program by July 17 and would retire between Aug. 1 and Sept. 30.

The program allows qualified persons to, at age 60, remain up to five years on the city’s

 

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