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Commissioners approve change to retirement-match options; HR presents two match scenarios
Summary
Hardin County Commissioners Court approved moving forward on a retirement-match change after HR presented two match options and their effect on the county’s required contribution rate; the court directed implementation as presented.
Hardin County Commissioners Court on Aug. 26 approved a change to the county’s retirement-match plan after Melinda Harrington, the county human resources director, presented two proposed match options and their projected effects on the required contribution rate to the retirement system.
The matter matters because it affects the county’s actuarial contribution obligations and the retirement benefits available to county employees. Harrington presented two proposed matches described in the packet as a “210% match”…
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