retirement

City of Medford Pays Over $900k To Former Employees

Medford City Council members reluctantly agreed Thursday to pay $920,000 to former employees and retirees who left with accrued vacation time and banked overtime hours. Council members said the practice is not sustainable, but they were bound by employee contract agreements. The Mail Tribune reports $400,000 goes to firefighters and $330,000 to police officers. When anRead More »

Oregon Pension Reductions

More than 20,000 retired Oregon public employees will start seeing a 2 percent reduction in their monthly checks this year to pay back an overpayment. Another 8,000 who received a lump sum pension payment will be asked to set up a re-payment plan.Read More »

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