- Associated Press - Monday, January 4, 2016

EUGENE, Ore. (AP) - Lane County is looking at paying out more than $605,000 to buyout 31 employees as part of a plan to make cost saving changes to future employees’ health insurance plans.

The Register-Guard reports (https://is.gd/MJnuwr ) that county management offered a voluntary buyout to 413 eligible workers this fall. Thirty-one employees applied.

If those workers stick to their plan to take the buyout, the county will pay a total of $605,460 upfront. Each employee will receive 250 hours of regular pay, plus $500 for every year they have worked.

County officials say they expect to save more than $560,000 annually after the payout by capping the salary of those vacant positions and saving money on benefits.

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Information from: The Register-Guard, https://www.registerguard.com

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