This program is for current, regular, full-time employees of the City of Modesto who are retirement eligible by July 20, 2020 only. The program is only valid during the times listed within the program.
The Early Retirement Incentive Program (ERIP) is a one-time opportunity for eligible employees to apply for separation and enter retirement at an earlier date than might otherwise have been planned. ERIP participants will be required to sign a Separation Agreement that contains a release of all employment rights and claims, described later in this document. Following voluntary separation from the City of Modesto, ERIP participants will receive the benefits provided by this plan, which will either include a lump sum payment, or contribution to a Retiree Health Savings Account.
Follow the below links to access the program, application, and separation agreement, as well as a frequently asked questions list.