LAS VEGAS, Nev. (FOX5) – Full-time City of Las Vegas employees are being offered up to $30,000 to leave their City job.
The City of Las Vegas sent details of the program to FOX5 on Tuesday which states City employees with more than one or more years of service could get a buyout to cover “post-employment medical, dental and/or vision for both the employee and their dependents.”
The City of Las Vegas said this program is being offered to employees to “offset the potential impact from the ongoing Badlands litigation.”
The program is called Volunteer Separation Program (VSP) and it states that employees would have to leave their job with the City by January 15, 2025.
Those positions that become vacant must remain so through June 2027.
According to the City’s rules, employees may only use the money to cover these benefits:
- COBRA coverage
- Retiree health benefits
- Health insurance purchased through the Health Insurance Marketplace
- Premium costs for healthcare coverage through new employment
- Additional premium costs for healthcare coverage through a spouse or domestic partner’s employment
City employees have until December 12, 2024 to decide if they want to leave the City and accept the VSP conditions.
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