Maryland Governor Offers Employee Buyout Deal

By WAMU News 88.5 FM
|  Tuesday, Dec 7, 2010  |  Updated 2:46 PM EDT
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Maryland Governor Offers Employee Buyout Deal

NBCWashington.com

Maryland Gov. Martin O'Malley takes the stage after being projected the winner in his bid for re-election.

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Maryland Gov. Martin O'Malley is offering a buyout deal to many executive branch employees.

Under an executive order signed Tuesday, eligible employees can apply to leave their jobs in exchange for a $15,000 payment, plus $200 for each year of service, and three months of medical, prescription and dental benefits.

The buyout is part of an effort to reduce the size of the state government and save money, according to the governor.

Employees have until Jan. 4 to apply for the package.

Md. State Employees' Voluntary Separation Program

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