Florida town told employees their pensions had moved to the state system; 5 months later, a paperwork error revealed they were never enrolled | World News
For nearly five months, employees of Lake Park, Florida, had no way to confirm whether roughly $60,000 a month in pension contributions, 3% of their pay plus a 14% town match, was actually being invested, according to WLRN NPR News. The town had told workers its pension migration to the Florida Retirement System took effect…