Published January 16. 2014 05:00PM
The Schuylkill County Employees Retirement fund reached a new high as Controller Cristy Joy reported to market value of the fund as of Wednesday reached $121,807,212.11. This means the retirees could get a cost-of-living increase this year for the first time in eight years.
At the monthly meeting Wednesday at the courthouse, Joy, who serves as secretary of the retirement board, reported the market value of the fund as reached a record high.He also reported two members received annuities of $305,682, two members received refunds totaling $11,248, and two members received rollovers totaling $85,515.