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Pickens County commissioners approve retirement changes, audit contract, DOT MOU and other routine items
Summary
At the November meeting the board approved several routine but consequential items: amendments to the defined-benefit plan, increased employer match for defined-contribution plans, authorization of a $140,000 county share for a GDOT waterline relocation, selection of Rushton for the 2024 audit, approval of a $46,000 escrow transfer for the Development Authority, a rezoning, and a reappointment.
The Pickens County Board of Commissioners used its November meeting to approve a series of formal actions, including retirement-plan changes, procurement of audit services, a county cost-share for a Georgia Department of Transportation project, and several routine administrative approvals.
Retirement plans: The board approved a resolution to amend the defined-benefit retirement plan administered through ACCT Retirement Services for employees hired before 2016, changing the eligibility formula from a "rule of 80" to a "rule of 70" and lowering the minimum retirement age from 55 to 52. Separately the board approved increasing the county employer match on defined-contribution plans…
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