SUbscriber Login | NEW SUBSCRIPTION  

City employees to review retirement plan

  • warning: Parameter 2 to ad_flash_adapi() expected to be a reference, value given in /var/www/vhosts/rustonleader.com/httpdocs/includes/module.inc on line 497.
  • warning: Parameter 2 to ad_flash_adapi() expected to be a reference, value given in /var/www/vhosts/rustonleader.com/httpdocs/includes/module.inc on line 497.
  • warning: Parameter 2 to ad_flash_adapi() expected to be a reference, value given in /var/www/vhosts/rustonleader.com/httpdocs/includes/module.inc on line 497.
  • warning: Parameter 2 to ad_flash_adapi() expected to be a reference, value given in /var/www/vhosts/rustonleader.com/httpdocs/includes/module.inc on line 497.
  • warning: Parameter 2 to ad_flash_adapi() expected to be a reference, value given in /var/www/vhosts/rustonleader.com/httpdocs/includes/module.inc on line 497.
in

In hard economic times, many people are worried about what will happen when it’s time to hang up their hat and retire. So, it shouldn’t really be a surprise that some City of Ruston employees — under the direction of Assistant City Administrator Ed Pittman — have rallied to find a more responsive company to handle their deferred compensation plans.

During last week’s city council meeting, aldermen voted unanimously to allow a committee of city employees to consider whether the company currently providing the 457(b) plan, which is similar to a 401(k) plan, should be replaced.

Full text of this article is available to subscribers only. Login if you are already a subscriber. If you are not a subscriber, you can subscribe to the online version here.

Bookmark and Share