Some MTA workers are cashing in on the authority's money problems.
Several
administrative workers slammed the brakes on their retirements after
the Metropolitan
Transportation Authority announced it would give up to $20,000 to
workers who voluntarily leave, the MTA confirmed.
The nearly
retired workers remained eligible for the windfalls because their
retirement papers weren't fully processed, the authority says.
MTA
spokesman Jeremy Soffin
said he believed only a "small number" of employees rescinded
retirement papers to get the big payday, but he didn't have an exact
count.
The MTA plans on slashing administrative payroll by 15% and
anticipates 600 to 700 positions will be vacated.
The authority
is offering one week of base pay for every year on the job. Workers who
wouldn't get the maximum under the formula would still get $20,000 if
they have at least 10 years on the job.
"Anyone who doesn't take
it has to have their head examined," the union official said.
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