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City Makes Unanimous Decision on Retiree Benefits Miscalculation

By KBJR News 1

City Makes Unanimous Decision on Retiree Benefits Miscalculation

December 17, 2012 Updated Dec 17, 2012 at 9:34 PM CDT

Duluth, MN (NNCNOW.com) - The Duluth City Council decided unanimously Monday to spare city retirees from having to pay back a miscalculation involving their retiree benefits.

The Duluth City Council voted 9-0 to have the city pay back thousands of dollars in overpayments made by the Public Employees Retirement Association.

Approximately 108 retired employees received $305,000 more than they were due following a miscalculation of benefits by PERA.

At the same time, the city made $390,000 in over payments to the Association.

The council decided a portion of the city's refund will be used to repay the money owed by city retirees.