A.G. GancarskiFebruary 22, 2016
2min219
The Florida Times-Union reported this month on former CFO Ronnie Belton exploiting a loophole and converting $47,937 of payroll deductions under the defined benefit plan to $165,921 under a defined contribution plan. Belton, who did not have five years of service, did not satisfy the five-year threshold for pension benefits under the defined benefit plan. And his […]