Thursday, August 2, 2012

Assemblywoman Russell helps local workers get what they were promised


“Recently, a measure I authored to restore the retirement credit of 12 Jefferson County IDA employees was signed into law. With this new law, the employees – whose pensions were found to be impermissible – will have their retirement credits restored for their years of service and money they already paid into the state pension system, as well as anything accrued through the end of July.

“A mistake that was made many years ago put these hardworking men and women in danger of losing their retirement savings. With some of these workers having contributed for 17 years, and with their families’ futures on the line, to deny them their earnings would be just plain wrong. We did the right thing in restoring the retirement credits these individuals worked so tirelessly to accrue.”

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