Jefferson County Releases Expected 2016 Pension Obligation Information

BROOKVILLE, Pa. (EYT) – The Jefferson County Commissioners on September 8 took action to inform governing bodies of the county’s expected pension obligation for 2016, which totals more than $550,000.00, or about $100,000.00 more than it was this year.

Commissioners Jeffrey Pisarcik and James McIntyre approved a motion regarding an expected 2016 obligation to the Pennsylvania Municipal Retirement System (PMRS) in the amount of $554,868.00.

This satisfies legal requirements of State Act 205 of 1984, known as the Municipal Pension Plan Funding Standard and Recovery Act.

Jefferson County Fiscal Director Debby Hackett said the calculation is done by the county based upon a set formula from PMRS.

“It is based upon our payroll this year, but since we have 27 pays this year the way it worked out, it makes it higher, plus the numbers in the PMRS calculation have changed a bit,” Hackett said.

All told, it means Jefferson County is expected to contribute about $100,000.00 more to PRMS in 2016 than it did in 2015.

Carpet Bids Rejected

The commissioners voted to reject all bids received to replace the second floor carpeting at Jefferson Place, which houses several county offices, including the commissioners.

Jefferson County Planning Director Bill Setree said the county sought bids from several businesses, including a number of local companies.

“In the end, the only bid we got was from Continental Flooring Company of Scottsdale, Arizona. That bid was for $34,386.00, or about 20 percent above our budget for this particular project, so we’ve opted to reject the bids,” Setree said.

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