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Topic

Retirement incentives

Riverhead approves voluntary retirement incentives for 53 eligible town employees

by Jul 9, 2026
The Riverhead Town Board voted unanimously Tuesday to ratify voluntary retirement incentive agreements with three town employee unions, a cost-cutting measure the town hopes will save between $500,000 and $800,000.

Town, union reach deal on retirement incentives

by Jul 10, 2019
The incentives are offered to encourage longtime — and costlier — employees to retire, which allows the town to hire new employees at a lower rate of pay, saving money.