Public agencies continue to evolve in their approach to addressing increasing personnel costs. I found this article about Sacramento interesting: City of Sacramento ends generous severance policy. The City is the latest agency to abandon its severance pay program, which was started in 2008 as a strategy to help solve the budget deficit. In its fifth year of layoffs, the City ended the practice after finding that it did not provide the savings needed to address long-term fiscal problems.
This made me think that other jurisdictions with early retirement incentives might want to revisit the practice and verify whether early retirement incentives are indeed achieving their intended policy goals.