About 10,100 people chose to enter retirement or exited the state’s deferred retirement plan ahead of new laws kicking in on July 1, an increase of more than 900 people from the same time last year.
retirement
$15 Million Short, Federal Insurance Fund Takes Over News-Journal’s Pension Plan
A federal judge ruled against adequately funding News-Journal retirees’ pension plan, ordering instead that $40 million in cash and other values should go to Cox, the newspaper’s former minority owner.