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Bucks County retirement board accepts December report, approves leave purchase; fund market value near $997 million
Summary
At the Jan. 22, 2020 meeting the Bucks County Employees Retirement Board accepted the minutes and December secretary's report, reviewed retiree and fund performance figures totaling about $996.9 million, and approved a request by Robert J. Devlin to purchase a period of leave for $3,237.67.
The Bucks County Employees Retirement Board on Jan. 22, 2020 accepted minutes from its Dec. 18, 2024 meeting, accepted the secretary's report for December 2024, and approved a staff-requested purchase of leave for an employee, the board record shows.
Ms. Van Blunk, secretary, reported the retirement system's December transactions: member contributions received totaled $1,510,508; refunds to former members were $428,087 representing 41 former employees; and monthly pension benefits issued in December totaled $4,895,001 representing 1,968 retirees. Death-benefit payments for the month totaled…
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