State employee buyout applications approved

NASHVILLE, Tenn. (AP) -- Tennessee officials have approved 1,521 state employees' applications for voluntary buyouts.

Friday will be the last day on the job for most of the workers taking the buyout.

Gov. Phil Bredesen, a Democrat, had hoped to eliminate 2,300 state jobs to save the state $64 million per year. The state invited more than 12,000 state workers to apply, but only about 2,200 volunteered for the buyout amid worsening economic conditions.

The approved buyouts are projected to save the state $47 million per year. State Finance Commissioner Dave Goetz said Monday officials will look for ways to make up the remainder of the savings before resorting to mandatory layoffs.

The buyouts are part of a nearly half-billion dollar package of cuts the Legislature approved to help address sluggish state revenues.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to webmaster@wvlt-tv.com. Please provide detailed information.

powered by Disqus

WVLT VOLUNTEER TV

6450 Papermill Drive Knoxville, TN 37919 Phone - (865) 450-8888; Fax - (865) 450-8869
Gray Television, Inc. - Copyright © 2014 WVLT-TV Inc. - Designed by Gray Digital Media - Powered by Clickability 26835574 - local8now.com/a?a=26835574