Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Benefits June 7, 2002
New Milwaukee County Exec Attacks Inflated Pensions
June 7, 2002 (PLANSPONSOR.com) - Milwaukee's new
County Executive Scott Walker has asked department heads
seeking jobs in his administration to renounce the
controversial pension provisions allowed under former county
executive F Thomas Ament.
Reported by Nicole Halsey
Ament was recently charged with official misconduct for his role in the adoption of a pension plan that reserved millions in pension payouts to him and several other officials.
To be eligible for top personnel jobs Walker is requiring the county’s 14 department heads to reapply for their positions and to sign a waiver acknowledging that they are no longer eligible for the pensions they would have received under Ament.
Many of the county’s executives expected the move. When
he was named the new head, Walker promised to evaluate
existing personnel and keep or reject a number of them. In
fact, during his campaign Walker promised to weed out heads
that had received their positions for reasons other than
merit.
Read more at
Milwaukee Pension Flap
Sparks Criminal Charges
Read more at Pumped Pension Payouts Prompt Resignation
Read more at Petitions Delivered in Milwaukee Controversy
Read more at Milwaukee Country Exec Steps Down
Read more at Wisconsin State Rep. Named Milwaukee Exec
« Supreme Court Seeks Justice Department Input on Disability Case