Arsenal offering early retirement to 200


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Originally Posted Online: Jan. 29, 2013, 7:14 pm
Last Updated: Jan. 29, 2013, 9:09 pm
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By Eric Timmons, etimmons@qconline.com

Early retirement packages are being offered to 200 workers at the Rock Island Arsenal Joint Manufacturing & Technology Center.

The JMTC employs about 1,500 blue- and white-collar workers, meaning the workforce would be cut by 13 percent if all of the early retirement slots are filled.

A lump sum payment of up to $25,000 will be made to workers whose applications for early retirement are accepted.

"We did this to position the Rock Island Joint Manufacturing &Technology Center to be an economical option to the army and the Joint Services during a time of decreasing defense spending," said Rock Island Arsenal spokesman Rhys Fullerlove.

The early retirement program has been planned for a year, Mr. Fullerlove said, and has "nothing to do with the budget cuts or sequestration."

As the war in Afghanistan continues to wind down and with the war in Iraq now over, defense spending is expected to fall in the coming years.

Congress has until the end of next month to find a way to avert the automatic spending cuts known as sequestration that would cut billions from defense spending.However, there's bipartisan opposition to cutting the defense budget.

Mr. Fullerlove said the JMTC reserved the right to turn down applicants for early retirement if they are from critical positions. The window to apply for the program opened Jan. 22 and will close Feb. 5, and Mr. Fullerlove said he could not say how many applications have been received so far.




















 




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  Today is Monday, Sept. 1, the 244th day of 2014. There are 121 days left in the year.

1864 -- 150 years ago: We are informed by J.H. Hull that the reason the street sprinkler was not at work yesterday settling the dust on the streets, was because one of his horses was injured.
1889 -- 125 years ago: Bonnie McGregor, a fleet-footed stallion owned by S.W. Wheelock of this community, covered himself with glory at Lexington, Ky, when he ran a mile in 2:13 1/2. The horse's value was estimated as at least $50,000.
1914 -- 100 years ago: Troops are pouring into Paris to prepare for defense of the city. The German army is reported to be only 60 miles from the capital of France.
1939 -- 75 years ago: The German army has invaded Poland in undeclared warfare. Poland has appealed to Great Britain and France for aid.
1964 -- 50 years ago: Publication of a plant newspaper, the Farmall Works News, has been launched at the Rock Island IHC factory and replaces a managerial newsletter.
1989 -- 25 years ago: Officials predict Monday's Rock Island Labor Parade will be the biggest and best ever. Last minute work continues on floats and costumes for the parade, which steps off a 9:30 a.m.




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