Common use of Golden Handshake Committee Clause in Contracts

Golden Handshake Committee. The City and the Union agree to jointly establish a committee to study the cost, savings and feasibility of implementing the CalPERS “Golden Handshake” program to provide incentives for early retirement to reduce the city’s workforce through attrition, reduce layoffs and shutdowns, develop long term savings for the City.

Golden Handshake Committee. The City and the Union agree to jointly establish a committee to study the cost, savings and feasibility of implementing the CalPERS “Golden Handshake” program to provide incentives for early retirement to reduce the city’s 's workforce through attrition, reduce layoffs and shutdowns, develop long term savings for the City.