- Associated Press - Friday, February 19, 2016

OKLAHOMA CITY (AP) - The Oklahoma Department of Human Services is making buyout offers to 413 workers in an effort to save the agency about $12 million in payroll costs.

DHS officials say Thursday the workers were chosen from a pool of 535 employees who had expressed an interest in taking voluntary buyouts.

The Oklahoman newspaper reports (https://bit.ly/1SWvYe5 ) that the agency is facing more than $68 million in budget cuts over the next 18 months due to a $1.3 billion hole in next year’s state budget - almost 20 percent of last year’s spending.

Among other things, buyout participants will receive a payment based on years of service ranging from a minimum of $5,000 to a maximum of $10,000, a payment equal to 18 months of the employee-only health premium and a longevity payment.


Information from: The Oklahoman, https://www.newsok.com

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