Early retirement program could save Lombard $2.9M
LOMBARD — March marked the retirement month for three men who made their careers in the public works field: Dave Cilella, Al Jones and Larry Trojanowski. It also marked the beginning of a year-long string of retirements in the village of Lombard, thanks to an early retirement incentive program the village is offering.
The program began March 15 and will continue through March 15, 2014, said Tim Sexton, finance director for the village, and could bring savings of $2.9 million over the next seven years.
Under this early retirement program, employees who have worked with the village of Lombard, or with another municipality that is involved in the Illinois Municipal Retirement Fund, for a minimum of 20 years and who are at least 50 years old are eligible.
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