A $2.5 million retirement incentive at Erie Community College

Image:  Erie Community College is offering a new retirement incentive to faculty members and administrators to nudge them to cut short their time at the college. College leaders hope providing payments to professors and executives who agree to retire early will ultimately save the struggling institution millions of dollars in salary costs. The savings could bring the college up to $6 million each year, which would “help stabilize the college’s future,” said Erie county executive Mark...