Bath Township Administrator Announces Retirement to Protect Pension
William Snow's retirement was accepted by the Bath Township Trustees Monday.
At Monday's Bath Township Trustees meeting Township Administrator Bill Snow asked trustees to accept his retirement.
Snow has more than 30 years of service in the public sector. See a copy of his retirement letter above.
Snow said he is not retiring because of anything that is happening in the township, but because he has to protect his best interest with the changes in Ohio Public Employee's Pension plan happening at the state level.
"Make no mistake about the issues," Snow said in his letter. "The State is changing the rules of the pension fund that is driving this change, and again residents of the Township are being directly affected by the actions of state government."
At the end of his letter, Snow said he hopes the trustees will consider rehiring him for the same position. The trustees have until the end of August to decide.
Check back with Patch tomorrow morning for more on this story.
Paul
5:26 pm on Wednesday, June 20, 2012
Time to double dip.
Gloria Guis
1:58 pm on Thursday, June 21, 2012
Laying off staff ???? If the township is in excellent financial condition, why?
Scott Evans
10:51 am on Sunday, June 24, 2012
Here we go again. Don't you public sector government employees get it? You are the "One Percent" of the middle class and you keep taking. How OUTRAGEOUS that you would resign and in the same breath asked to be rehired at the same job. Retirement and Paid at the SAME TIME. GET YOUR HAND OUT OF MY POCKETS! The Trustees would NOT be doing their job if you were rehired. If you are retired, THEN STAY RETIRED! THIS IS WHAT IS WRONG WITH GOVERNMENT AND IT HAS TO STOP.
abeherman
3:27 pm on Tuesday, June 26, 2012
On Friday, June 1, General Motors released their plan to lessen their pension liability by a projected 26 billion dollars. This plan will offer some U.S. salaried retirees the option of a lump-sum payment, and other retirees a continuation of monthly pension payments. There are many factors involved in this choice, from initial eligibility to long-term consequences. Receiving the advice of a competent financial advisor is suggested during the decision-making process. The deadline for decisions is set for July 20, 2012. Visit http://www.gm-pension-buyout.com for more information on the General Motors (NYSE:GM) Pension Buyout plan and a free white paper.
Gloria Guis
9:39 am on Tuesday, July 10, 2012
Snow blames State Government? It is the pension board of the retirement system that is making the changes.