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Budget
Costly exit – Salem retirement costs double this year due to state program
BY MATT HERSH A now defunct state pilot program is at the root of Salem’s retirement costs being almost double what was budgeted. The town will have to pay as much as $675,662 to employees planning to retire over the summer and in the fall, according to Finance Director Jane Savastano. The town only budgeted $350,000. “We’re ...
Posted to
Salem Observer
(Weblog)
by
Salem Editor
on
July 25, 2007
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