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Elk County board keeps 7% employee pre-tax retirement contribution for 2026
Summary
The Retirement Board approved maintaining Elk County as an 1180th benefit-class county, continuing a 7% pre-tax employee contribution for 2026 and allowing optional after-tax contributions up to 10% of eligible pay.
The Elk County Retirement Board voted to keep the county’s retirement plan classified as an 1180th benefit-class county, which requires a 7% pre-tax employee contribution (a 4i(h) 'pickup') via payroll deduction for 2026. Optional after-tax employee contributions remain permitted up to 10% of eligible compensation. The motion was moved by Treasurer Matthew T. Frey, seconded by Commissioner Gregory J. Gebauer and carried unanimously.
The classification determines mandatory employee withholding structure for the year and is one of several routine annual decisions the board made at its Jan. 8 meeting alongside actuarial funding and interest-crediting rate approvals. No dissent or abstentions were recorded in the meeting minutes.
