City retirees want fee returned
"We were never notified of any fee," former Retirees Association President
"If we had known, we would not have posted it."
Brandstetter was referring to about
The court ordered the retirees to post the money, known as an undertaking, for the county to hold until the lawsuit was settled.
The money was to be used by the city if it had won the suit.
The retirees, however, prevailed against the city, and the undertaking was awarded back to them by the court.
But the the county kept a 2-percent fee, equaling about
IRKED BY FEE
The fee has the retirees rankled and wanting it back.
Brandstetter said he was shocked to find out about the fee when he went to collect the
"It seems like
County Treasurer
"I don't appreciate the accusatory tone that we were unethical," she said.
Davis told the retirees in attendance at the
"I understand your frustration, but it is the duty of your attorney to inform you of the fees," she said.
"That's why you hired them."
JUDGE'S DECISION
Davis said the county does not have the authority to rescind the fee; that must come from a judge.
In his ruling, Supreme Court Judge
The ruling made no mention of the 2-percent fee.
The county deals with such cases frequently, Deputy County Treasurer
Legislator
"The legislature is the policy body of this county, and we have a chance to right a wrong," he said.
"Just because something has been done for years doesn't mean it is right."
RESOLUTION
Dame said he would offer a resolution for legislators to vote on whether to refund the money.
Legislature Chairman
Legislator
"I hope we can find a way to solve this in favor of the retirees," he said.
Email
jlotemplio@pressrepublican.com
Twitter: @jlotemplio
___
(c)2019 the Press-Republican (Plattsburgh, N.Y.)
Visit the Press-Republican (Plattsburgh, N.Y.) at pressrepublican.com
Distributed by Tribune Content Agency, LLC.


Indiana State Sen. Zay: State Legislators and Employers’ Forum of Indiana Discuss Rising Health Care Costs
AP FACT CHECK: Trump and the credit and blame game
Advisor News
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
- Americans’ sense of overall prosperity still ticks upward
- Turning expanded eligibility into a better coverage plan for federal clients
- Election 2026: Which of Berkeley's 7 ballot measures will pass?
- How advisors can help frugal retirees finally enjoy their savings
More Advisor NewsAnnuity News
- AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
- Jackson reports record annuity sales, increases share repurchase authorization
- Why the market doesn’t need more carriers
- Equitable, Corebridge steam toward merger with strong Q3 annuity sales
- Jackson Announces New Annuity Offering for AARP Members
More Annuity NewsHealth/Employee Benefits News
- The percentage of people without health insurance is growing
- Health agents victorious against CMS moratorium
- US Department of Justice Intervenes in Health Insurance Whistleblower Lawsuit Brought by Lieff Cabraser Against Centene Corporation
- The caregiving generation doesn’t want to repeat their parents’ mistakes
- Lawmakers warming to discussing long-term care
More Health/Employee Benefits NewsLife Insurance News
- Prudential earnings dip as Japan sales suspension offsets U.S. growth
- U-Haul Holding Company Reports Second Quarter Fiscal 2027 Financial Results
- Genworth Financial Announces Third Quarter 2026 Results
- AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
- Why the market doesn’t need more carriers
More Life Insurance News