PORT TOWNSEND — Sixty workers at the Port Townsend Paper Corp. mill must decide by today if they will accept early retirement offered by management.
Six workers have already accepted the offer, Assistant Mill Manager Bruce McComas said Tuesday.
Workers 55 and older were offered enhanced retirement packages March 19 as a cost-cutting measure at the mill.
The mill has been strapped financially since the pulp and paper market weakened last year.
Under the early retirement incentive, mill workers who accept the offer will receive credit for three years of additional service toward their retirement benefits.
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