GENEVA – Fourteen Kane County Sheriff’s deputies have accepted early retirement packages that will save $3.8 million over the next two budget years in 2021 and 2022, Sheriff Ron Hain said at the Kane County Board meeting today.
The employees would step out the door Dec. 1 and start collecting their pensions, Hain said, and his office would save $3.8 million over two years.
“Forecasting that we may have some tough financial times in 2021 and 2022, we wanted to get out ahead of this because the one thing we can’t do – as public safety leaders – is lose that front line staff,” Hain said.
“So the whole model was to present a package to employees that were middle to upper management within our office and they could walk out the door and begin receiving their pension. And then we would slow-hire those positions – not fill them hopefully until 2022 and beyond,” Hain said.
Hain offered three packages: $15,000 a year for two years; $15,000 for one year and one year of county-paid health insurance premiums; two years of health insurance.
The two years of health insurance coverage would have been the most expensive to the county and only one of the 14 chose that, Hain said.
Most chose the option of being paid $15,000 a year for two years, he said.
“Over those two years, we see a total savings of $3.8 million, “Hain said. “And the way that breaks down is with those total salaries and benefits, it’s $4.3 million for all of those employees, subtracted by the annual payouts in (2021) and (2022). Final total in each year of $1.8 million in (fiscal year 2021) that we save and $1.9 million in (fiscal year 2011) that we save.”
Hain said they are meeting with Executive Finance Director Joe Onzick to discuss how to pare down the sheriff’s budget to help the county meet its budget goals for the next year.
“We would like to leave bit of padding in there – so be sensitive to it – in the event we have some sort of crisis we have to manage,” Hain said.
“We’re very proud of the fact that not only did the employees opt into this,” Hain said. “We were able to flatten our organizational chart a little bit, but we are able to work with the county to bring an overall savings.”
In a text message, Hain said the employees who will be leaving have 20 years to 30 years on the job.