Audit: City overpaid 50 fire dept. retirees since 1990
A city manager said the miscalculations occurred when the city moved to a "confusing" formula
By FireRescue1 Staff
HUNTINGTON, W.Va. — An audit revealed that a city's fire pension board failed to properly calculate fire department retirees' pensions for 27 years.
WSAZ reported that the city overpaid about 50 fire department retirees; City Manager Cathy Burns said the miscalculations started in 1990 when the city moved to a "confusing" formula.
An auditor randomly selected three 2015 retirees and found an overpayment of $300 to $1,000 extra a month.
In January, the city announced a nearly $5 million deficit that included increases in the city's fire and police pension contributions.
Burns said a bill, waiting to be signed by the governor, will help correct pension errors. It is unclear if the city will try to recoup those overpayments from the firefighters.
Recommended for you
Join the discussion
The comments below are member-generated and do not necessarily reflect the opinions of FireRescue1.com or its staff. If you cannot see comments, try disabling privacy and ad blocking plugins in your browser. All comments must comply with our Member Commenting Policy.