Contributions to the county's three pension plans for the upcoming fiscal year, which begins July 1, are expected to increase by about $500,000.
Knox County's pension board will ask the administration to contribute $4.5 million to the Uniformed Officer's Pension Plan (this is actually down a little bit from the current year); $1.75 million for the old school plan, which closed in the late 1980s; and $2.5 million to the old county employee plan, which closed in 1991.
1 comment:
We can only hope that things will be better again. Pension contributions will be back again on track. Fingers crossed. Thanks for the head up.
top annuity rates
Post a Comment