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Bulloch commissioners considering pension plan for county employees
Would replace 401(a) savings plans for new hires, as well as current workers who buy in
Sheriff's Office Capt. Marcus Nesmith, center, speaks as chair of the county employee retirement study committee to the Bulloch County Board of Commissioners on Wednesday. So far, the committee has heard mostly positive feedback from co-workers to the ide
Sheriff's Office Capt. Marcus Nesmith, center, speaks as chair of the county employee retirement study committee to the Bulloch County Board of Commissioners on Wednesday. So far, the committee has heard mostly positive feedback from co-workers to the idea of changing to a defined benefit pension, Nesmith said, and will now focus on a single option. - photo by AL HACKLE/Staff
A study group of Bulloch County government employees from various departments is asking the county commissioners to adopt a defined benefit retirement plan – in other words a pension – and move away from their current 401(a) defined contribution retirement savings program.
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