Friday, October 17, 2008

Timing is Everything

This from C-J:

Kentucky's budget director resigning

FRANKFORT, Ky. — State Budget Director Mary Lassiter said this morning that she will step down from her job at the end of this month.Lassiter, 46, of Midway, has worked for state government nearly 25 years. And like many state employees, she is retiring this year because certain retirement benefits for veteran state workers will be cut significantly on Jan. 1.

“I’m a good example of a person who started work for state government very young and am eligible for retirement,” she said in an interview this morning.Lassiter said that between April and the end of September, 1,371 executive branch employees in non-hazardous job classifications had retired.Lassiter will be stepping down at a time when turmoil in the national economy has caused state revenues to slump, raising the possibility of a revenue shortfall later this year...

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