GOP governors in Maryland, Tennessee offer voluntary employee buyouts to reduce government

February 21, 2015

Republican governors in two states — Maryland and Tennessee — are offering voluntary employee-buyout programs as a way to reduce government beyond furloughs and cutting programs.

In Maryland, newly elected Gov. Larry Hogan is offering state employees in agencies in the executive branch a lump sum payment of $15,000, according to a letter dated Wednesday. They also would receive an additional $200 for each year of service.

The program is part of Hogan’s balanced budget plan that was released last month and closed a budget shortfall of about $750 million.

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