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Board debates closing defined-benefit pension to new hires; plans further review next week
Summary
Commissioners discussed closing the county’s defined-benefit pension (MERS) to new hires and moving future employees to defined-contribution accounts; the item will return as a line item next week for fuller consideration.
Commissioners discussed whether to close the county's defined-benefit pension plan to new hires and adopt a defined-contribution (401(k)-style) approach for future employees. One commissioner noted the equity issues between elected officials, who remain eligible under existing rules, and new hires who would be placed on the directed-account approach.
Board members asked for more information before formal action. Chair and staff agreed to return the proposal as a line item next week so the board can review legal and financial implications before making any binding change.
