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Clearfield County retirement board approves $250,000 transfer to retirement checking fund
Summary
The retirement board approved a $250,000 cash transfer into the retirement checking fund to cover payroll and broker fees and recognized several long-term county employees who recently retired.
The Clearfield County retirement board voted Jan. 27 to transfer $250,000 into the retirement checking fund to cover payroll and broker fees.
The move came after Unidentified Speaker 3 (Rob) reported that several recent retirees had taken lump-sum rollovers, leaving approximately $55,000 in the account at the time of the meeting. "If we do a $2.50 transfer, then that'll cover payroll and, the, broker fees or the Marquette's…
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