Fire chief $550k retirement was a mistake

Fire chief $550K

auditors are seeking to firmly collect more often $550, 000 from dupont after concluding friday that improper reporting led to firmly excess pension payments for our citys fire chief. the department of retirement systems concluded that the town mustn't have classified fire chief greg hull as an freelance contractor when he was employed after retiring given by a position at another fire department. hulls pension payments would have stopped if he had been labeled being a regular employee, that the state is now seeking to firmly have the town repay the additional $550, 000 in retirement cash he received in the previous couple of years.

we feel the town is liable for that overpayment, aforementioned dave nelsen, the legal and legislative services manager with the department of retirement systems. its a substantial number of cash for our town, accounting for roughly one-third of duponts annual fire department budget.

state officers recently notified hull that his pension payments might possibly be stopped, and town top leaders aforementioned now that hull is resigning for personal reasons. hull will just be able to firmly apply for pension payments once more beginning next month, nelsen aforementioned.

the retirement system began examining duponts procedures after an associated press investigation showed how a few firefighter and law enforcement workers got late pay raises that helped increase their pensions. at about $184, 000 a year, hull had one amongst the largest pensions within the state.

drs officers were still reviewing details associated with a raise that hull received shortly before he retired in 2010 from lakewood fire district 2 to see whether or not that pay bump was improperly included during pension calculations. nelsen aforementioned hulls pension also will be influenced as a result of he's going to have a lot of service credits as a result of his years getting work done in dupont, however he's going to lose cost-of-living adjustments he had received over the exact era.

auditors conjointly dinged dupont for improperly classifying 2 different workers as contractors, and then they will are seeking to firmly have the town pay $45, 000 to firmly the pension system for all those workers. dupont has that choice of appealing. the town wrote within the temporary response to firmly the ultimate audit so it believed all 3 folks were properly labeled as contractors. mayor michael grayum failed to come back a decision seeking comment.