JCIDA Employees Could Get Retirement Contributions Back
Jefferson County Industrial Development Agency (JCIDA) employees who were stripped of their state pensions after years of paying into the system could be getting their money back.
The state comptroller's office says it will refund the employee contributions from the workers who are losing their membership in the state retirement system.
A review had found they actually worked for JCIDA-related local development corporations, which can't participate in the program.
The state will not refund the money the JCIDA paid into the system on its employees' behalf.
The JCIDA's board of directors has scheduled a special meeting this week to figure out what to do next.
Monday, May 20, 2013, Watertown, NY
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