The Daily Globe - Serving Gogebic, Iron and Ontonagon Counties

County hopes to resolve retirement fund issue

 

September 12, 2019



By TOM LAVENTURE

[email protected]

BESSEMER — In the county administrator’s report to the Gogebic County Board of Commissioners on Wednesday, Juliane Giackino said she is working with legislators to finally resolve a six-year-old pension fund issue.

As a member of the five county Western Upper Michigan Manpower Consortium with Houghton Keweena, Iron and Ontonagon counties, a $330,000 shortfall in 2013 has grown to $970,000 for the county owned pension program in 2019, Giackino said following the meeting.

In June 2013, the state mandated the counties to close out the retirem...



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