Pulaski County Sheriff’s Deputies’ new pension plan may soon be fully funded, at least for a year. Last year, the county council approved a switch from a 20- to a 32-year retirement plan.
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The pension fund for the Starke County Sheriff’s Department has received its necessary fund transfer, thanks to Sheriff Oscar Cowen and the County Council. At their joint meeting with the Commissioners, Cowen asked for $108,514.32 to be transferred to the Sheriff’s Pension Fund. This transfer has been requested annually for several years.
“We call it the riverboat money. It comes in, it goes into an account. The only way it can come out of that account is the sheriff has to ask for it. And if the sheriff doesn’t ask for it, it can’t be taken out,” said Commissioner Dan Bridegroom.
