Kalamazoo early retirement

Kalamazoo Early Retirement
9:12 am
Tue March 18, 2014

Kalamazoo Gazette Reporter Looks at City's Early Retirement Program

Kalamazoo City Hall - file photo
Credit WMUK


Kalamazoo Gazette reporter Emily Monaceill examined the numbers after Kalamazoo's early retirement program wrapped up in January. 

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12:01 pm
Thu March 13, 2014

Kalamazoo City Commissioners Question if Early Retirement Was Too Generous

Early retirement incentive was used to address recurring budget deficits
  • Source: Mlive
  • | Via: Kalamazoo Gazette
KALAMAZOO, MI -- An offer that enticed more than 200 Kalamazoo city employees to retire with payouts that averaged $40,000, on top of pensions averaging $40,000 a year, has some city commissioners now questioning whether the deal was too sweet.
8:37 am
Tue May 21, 2013

Kalamazoo faces $2.5-million deficit for 2014

Early retirement program has helped, but deficit remains for variety of reasons
  • Source: Mlive
  • | Via: Kalamazoo Gazette
The city will have to close a $2.5 million structural gap for fiscal year 2014 by increasing revenue and making cuts. In fiscal year 2013, it still falls $0.5 million short in the General Fund, city administration told the Kalamazoo City Commission on Monday in an update to the city's Early Retirement Incentive.