NEWS
City of Bowie wraps up early retirement buy-outs for seven
By BARBARA GREEN
Early retirement buy-outs are not uncommon for companies or entities that may want to consider eliminating some of its longer tenured employees, who also are often in the higher paid positions.
The Bowie City Council began discussing this plan in October. At that initial meeting City Manager Ricky Tow said they had 11 employees eligible with either 20 years of service or 10 years of service and age 60 or older. Seven committed to the buy-out and announced they would retire at the end of the year.
The proposal negotiated with the employees is for a year’s salary plus a $7,500 insurance allowance per year for three years. It would be paid in three lump sum payments over three years starting January 2015. Read the full story in the weekend News.
The following indictments were filed with the 97th District Clerk following the November session of the Montague County Grand Jury.
There were a total of 13 indictments with one sealed awaiting the arrest of a suspect.
A grand jury indictment is not evidence of guilt. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
Read the full list of indictments in your mid-week Bowie News.
Ready, set, shop! Inside your mid-week Bowie News find the annual holiday shopping guide to help you plan all your Black Friday and other shopping opportunities.
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