Pension caveat ‘saves Newtown taxpayers millions’

2014-02-10T18:08:33-08:00February 10th, 2014|Categories: Retirement|Tags: , , |

Newtown Finance Director Robert Tait calls them “horror stories.” He is referring to endless news reports from states and cities including Connecticut and many of its 169 municipalities, about the horrible condition of public employee pension plans. But he said in a February 5 interview with The Newtown Bee that neither pensioners nor taxpayers should be too concerned about the state of Newtown’s pension system. And he reminded taxpayers that every year, they benefit to the tune of “millions…possibly as much [...]