Retirement account loses $1.3 million
Despite a loss of $1.3 million in the past 18 months as computed by Commissioner Mantura Gallagher, the Schuykill County's Employment Retirement account showed a market value of $87,719,904.65 as of this day.
The status of the fund was reported at the monthly meeting of the Schuylkill County Retirment Board which met Wednesday in the Schuylkill County Courthouse.
Controller Melinda Kantner, secretary of the board, gave the report on the current value of the fund. She also reported during the month of July four members received annuities in the amount of $594,573.20; five members received refunds totaling $9,129.79 and two members received rollovers totaling $48,800.14.
The five member board were all present, Commissioners Mantura Gallagher, Francis McAndrew and Frank Staudenmeier, Controller Melinda Kantner and Treasurer Jacquelyn McGovern.
The Schuylkill County Salary Board met following the county commissioners meeting and eliminated and created two positions at Rest Haven Home and Hospital. Eliminated were the position of full time nursing assisant and full time housekeeper and created were positions of full time nursing assisant and retorative aide and set a salary at $11.72 per hour and full time housekeeper, floor technician and care and laundry aide and set a salary of $9 per hour.
The commissioners at their meeting approved the hiring of Meganj Whitehead, Quakake, as nurse's aide trainee at Rest Haven Home and the salary board set hersalary at $7.70 per hour and Brandy Smith, Pottsville,hired as part time activities assisant at Rest Haven Home at $9.50 per hour and Patrick Kennedy, North Union Township hired as agricultural progrma coordinator in the Conservation District at $28,225 annually.