Oklahoma lawmaker proposes deferred payment plan

AP News
Posted: Dec 03, 2009 11:29 AM

The chairman of a House budget panel is proposing a deferred payment plan for state workers as an alternative to unpaid furlough days.

State Rep. Randy Terrill also announced on Thursday that he is looking to expand early retirement buyouts for state employees that could help save the state money amid declining revenues.

The Moore Republican says under his proposed deferred payment plan, state employees could voluntarily choose to work instead of taking an unpaid furlough day in return for being compensated at a later date.

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The Oklahoma Public Employees Association on Thursday endorsed the deferred payment plan and the use of statewide voluntary retirement buyouts as a way to reduce the need for furloughs or large-scale employee reductions.