The Fayette County Commission discussed raising the retirement benefit of Tier I employees to the level of Tier II employees during a work session that proceeded its July 13 meeting. All commissioners were present for both the work session and the meeting. Tier II employees are employees that were hired on or after Jan. 1, 2013. These employees perform the same tasks as Tier I employees, but pay a higher amount into the retirement system while receiving less in benefits at retirement time. The Alabama legislature passed legislation last year that will allow counties and municipalities to opt-in to a plan that will allow Tier II employees the same benefits at retirement. There would be a cost to the county to exercise this option, but it was pointed out during the work session that the benefit should help in the moral of employees and also the retention of employees.
See complete story in The Times-Record.