Knox Officials Finalizing Payments for Employee’s PERF Adjustment

Knox officials have taken steps to correct an oversight in a longtime city employee’s retirement benefits. For over four-and-a-half years in the late 1980s and early ‘90s, the employee was apparently working full-time, but no payments were made into the Public Employee Retirement Fund.

Clerk-Treasurer Cyndi Mann-Kidder told the city council last week that the necessary figures have all been calculated. “Her part of not contributing herself was $1,409.52, which she has wrote a check to the city for us to put it into her PERF, and then the city’s part is $3,148.48,” Mann-Kidder explained.

The city’s payment will be up for council members’ official approval next Tuesday.