LOCAL FOOTBALL SCORING UPDATES PRESENTED BY THE HUNGRY HOBO:

Arsenal offering early retirement to 200


Share
Originally Posted Online: Jan. 29, 2013, 7:14 pm
Last Updated: Jan. 29, 2013, 9:09 pm
Comment on this story | Print this story | Email this story
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.






















 



Local events heading








  Today is Saturday, Sept. 20, the 263rd day of 2014. There are 102 days left in the year.

1864 -- 150 years ago: Recruits can get $500 by enlisting now. Lt Jobe has a recruiting office on Illinois Street.
1889 -- 125 years ago: Superintendent Schnitger formally inaugurated the Rock Island and Davenport Railway Line of the Holmes system by putting on four cars to start.
1914 -- 100 years ago: Wires of the defunct Union Electric Co. are being removed by city electricians.
1939 -- 75 years ago: The Bishop Hill softball team won the championship in WHB"S Mississippi Valley tournament at Douglas Park.
1964 -- 50 years ago: A boom in apartment construction has hit Rock Island, with approximately 300 units either in or near the construction stage or due for an early rezoning decision.
1989 -- 25 years ago: Members of the Bi-State Metropolitan Planning Commission are hoping to revive their push for a new $70 million four-lane bridge spanning the Mississippi River.






(More History)