IRS Issues Favorable Determination Letter Regarding 25 Year Retirement

COAD has finally crossed the goal line as the IRS issued a Favorable Determination Letter regarding the 25 year retirement.

Beginning January 1, 2015 employee contributions will be paid under the plan described in HB 207.

Effective January 1, 2017 employees with 25 years of service will be eligible to retire under the new pension plan.  For more information regarding the 25 year retirement plan click on the link listed below.

HB 207