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Beaver County Times (Beaver County, PA) (via Knight Ridder/Tribune Business News)
Beaver County, Pa., returns deferred compensation plan to former carrier.
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Beaver County, Pa., returns deferred compensation plan to former carrier.
Publication: Beaver County Times (Beaver County, PA) (via Knight Ridder/Tribune Business News) Publication Date: 30-JAN-06 |
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COPYRIGHT 2006 Beaver County Times
Byline: J.D. Prose
Jan. 30--BEAVER -- Beaver County's deferred compensation plan will be returned to its former carrier after angry employees complained last week that transfer fees were deducted from their accounts when a new carrier was retained.
"Everybody's account will be credited," Commissioners Chairman Dan Donatella said Friday.
Donatella said that Invesmart has agreed to return the county's $9 million deferred compensation fund to Nationwide at no cost to the county.
Last month, the...
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