Link copied to clipboard
Council closes pension loophole
City Council Thursday morning did away with a loophole in the pension plan that will allow outgoing Managing Director Camille Cates Barnett to buy a pension of nearly $50,000 annually after less than 2 1/2 years on the job.
Council voted unanimously for Councilman Frank DiCicco's bill, which sets a minimum of five years of service before a Civil Service exempt employee such as Barnett can buy credit for years worked in other public service positions.
Read the most recent story here.
Click here for Philly.com's politics page.