Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Henderson | Lakes | McCracken | Webster

Commissioners Pass Pension Fund Increases

Owensboro Seal 02 300OWENSBORO, Ky. (12/4/13) - Several Owensboro organizations will see increases in pension funds effective Jan. 1, according to municipal orders passed by the Owensboro Board of Commissioners Tuesday night.

The Board of Trustees of the Police and Firefighters’ Retirement Fund met in special session on Nov. 21 and unanimously resolved to recommend a 1.5 percent cost of living increase, except for those receiving the minimum payment. The pension fund is no longer active, according to the Commission, and will only be used for those who already had the funds set up. This will cost an additional $14,000 annually and will be mostly for widows and the elderly.

The Board of Trustees of the City Employees’ Pension Fund also met in special ses-sion on Nov. 21 and unanimously resolved to recommend to the Owensboro Board of Commissioners that eligible annuitants receive a 1.5 percent cost-of-living in-crease, except for those receiving the minimum payment. This pension fund is also closed and the increase will cost less than $5,000.

There will be an Owensboro Board of Commissioners Work Session 12 p.m. Tuesday, Dec. 3.

Taylor Riley
SurfKY News

© Copyright 2014 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story by using one of the social media links below.

In Other News...

Group Aiming for 500 Pairs of Shoes for Muhlenberg Students

CENTRAL CITY, Ky. (9/15/14) — Happy Feet is a program that seeks to buy shoes for Muhlenberg County School Children.… Read More

Team KAM Barely Edges River View Coal for the Win

HENDERSON, Ky. (9/15/14) — Team members sponsored by Kentucky Association of Manufactures of Frankfort won the 2014… Read More

Most Read This Week (Site-Wide)

September 12, 2014 17540

Woman's Body Found in Theater Day After…

in Top Stories by Rita Dukes Smith, SurfKY News Director
September 13, 2014 3678

MPD Responds to a Disturbance at Baptist…

in Top Stories by Madisonville Police Department
September 15, 2014 3437

Man Accused of Stalking Woman During Her…

in Top Stories by GPD PIO Wes Miller
September 15, 2014 3274

Man Accused of Stealing Rural King…

in Top Stories by MCSO PIO Alex Piper
September 12, 2014 2087

Paradise Residents Plan First Reunion…

in Top Stories by Paul McRee, SurfKY News

Most Read Stories from Hopkins County

September 13, 2014 3678

MPD Responds to a Disturbance at Baptist…

in Top Stories by Madisonville Police Department
September 12, 2014 1945

Madisonville Man Arrested for Disturbing…

in Top Stories by Madisonville Police Department
September 15, 2014 1831

Man Arrested for DUI, Carrying Concealed…

in Top Stories by Madisonville Police Department
September 15, 2014 1789

Man Arrested for Being Under Influence of…

in Top Stories by Madisonville Police Department
September 12, 2014 1661

Earlington Woman Jailed for Trying to…

in Top Stories by MPD Officer Matt Sanderson

Most Read Stories from Owensboro

September 12, 2014 1380

Ursuline Presentation 'Spirituality of…

in News by Jennifer Kaminski
September 13, 2014 1117

The Gift of Aging Oct. 16

in News by Jennifer Kaminski
September 13, 2014 1089

Audubon Bon Harbor Area Alliance to Host…

in News by Abby Shelton
September 13, 2014 1071

Dogwood Azalea Neighborhood Alliance to…

in News by Abby Shelton
September 12, 2014 1069

Owensboro Police Investigate Accidents

in News by Dennis Beard, SurfKY News

Most Read Stories from Muhlenberg County

September 15, 2014 3437

Man Accused of Stalking Woman During Her…

in Top Stories by GPD PIO Wes Miller
September 15, 2014 3274

Man Accused of Stealing Rural King…

in Top Stories by MCSO PIO Alex Piper
September 12, 2014 2087

Paradise Residents Plan First Reunion…

in Top Stories by Paul McRee, SurfKY News
September 12, 2014 1451

Chamber Program Speaker Re-enforces…

in Top Stories by Charles W. Riley II, SurfKY News
September 14, 2014 1417

Three Injured in Single-Car Collision

in Top Stories by Robert LIttlepage

SurfKY News Group, Inc. Central Office & Printing Division
1125 Nebo Rd.  •  Madisonville, KY 42431  •  270.452.2249 (fax)
Main Number: 270.452.2727 (phone)  •  Printing Division Direct Line: 270.821.8600 (phone)

SurfKY Owensboro News Bureau
920 Frederica St. / Suite 210  •  Owensboro, KY 42301  •  270.683-8060 (phone)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social 03social 04social 22social 21social 06