Elaine Beatty, an Employee Benefits Consultant, and Sheriff Oscar Cowen appeared before the Starke County Commissioners during the Commissioners’ recent meeting to discuss the Police Pension Fund.
Beatty administers the Police Pension Fund in Starke County and she discussed a new plan for the officers.
“The Indiana Sheriff’s Association really took hold of it and it is available to all the county sheriff’s departments in the State of Indiana,” she told the Commissioners. “Right now, about 60 of them have this program available to their employees. It’s purely voluntary and there’s no cost to the county to add this program. The expenses come out of the investments which are mutual funds that require that expenses come out of them. Those are the fees that are paying organizations like Morgan Stanley for the program so there’s no fees to the membership.”
The Commissioners seemed interested in the plan but tabled approval to study it further.