Philadelphia Proposes Hybrid Pension Plan for Elected Officials

Currently, elected officials get a retirement plan that allows them to collect pensions as high as their full salaries. But the city is proposing to move future elected officials to a hybrid plan that combines a lower-benefit pension with a 401(k).
October 19, 2012
 

Currently, elected officials get a retirement plan that allows them to collect pensions as high as their full salaries. But the city is proposing to move future elected officials to a hybrid plan that combines a lower-benefit pension with a 401(k).

Join the Discussion

After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.

More from Public Workforce