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Commission votes to align defined-contribution match with defined-benefit rate, subject to payroll review
Summary
The commission approved matching the employer percentage for new defined-contribution (DC) hires to the county's defined-benefit (DB) employer contribution (15.26 percent), subject to final review by county payroll staff and PERS clarification.
Stark County commissioners voted Jan. 27 to provide the same employer contribution percentage for employees who select the new defined-contribution retirement plan as the county provides for its defined-benefit plan, while asking county staff to confirm legal requirements with the Public Employees Retirement System (PERS) and to verify payroll implementation.
Commissioner Marsh moved to…
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