JCIDA Employees Fight for Pensions
County legislators are coming to the aid of 12 Jefferson County Industrial Development Agency employees, looking to retain their pensions.
This after the State Comptroller ruled the 12 worked for local development corporations, not the JCIDA. Meaning, they lost service credits for the State retirement system.
Now, legislators for Jefferson County are taking action, looking to reverse the Comptroller's decision through a resolution.
"This is what we need to do at the county level to have this legislation carry," says Jefferson County legislator James Nabywaniec (R-District 8).
Involved in everything from developing housing and agriculture, legislators say the JCIDA is a major contributor to Jefferson County.
"Everything really from the airport to business to small business, housing, etc, they play a very important role," adds Nabywaniec.
Legislator James Nabywaniec expects to get full cooperation from the rest of the board. After that, Assemblywoman Addie Russell (D-118th Assembly District) hopes to continue their efforts in Albany.
"Trying to restore past pension benefits so that employees don't lose all the credits they believed that had been working for," says Russell.
On top of restoring the 12 employees pension, Russell is also hoping to avoid a situation like this from happening again.
"We're going to have to look at the relationship between these governmental agencies and these not for profit agencies to ensure that we are in compliance with the requirment," Russell adds.
7 News reached out to several of the employees who declined to comment on the advice of their attorneys.
Monday, November 24, 2014, Watertown, NY
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