Voters weigh keeping sheriff's pension plan

11:11 PM, Nov 4, 2012   |    comments
  • Share
  • Print
  • - A A A +

KNOXVILLE, Tenn. (AP) -- Voters in Knox County will get to decide whether to close a pension program for future employees of the Knox County Sheriff's Office, but it's not clear what will replace the plan.

The propose charter amendment on Tuesday's ballot deals with the Uniformed Officers Pension Plan, which was approved by voters in 2006. Proponents of the original plan said it would benefit law enforcement officers and would increase recruiting and retention.

But opponents of the pension plan told The Knoxville News Sentinel that the program has been a cash drain on the county and not closing it to new employees could lead to a tax increase.

If the plan was closed, the county's retirement board would create a new retirement plan, but no alternative plan has been discussed.

Here's a story 10News Reporter Steve Butera did recently on this issue.

Most Watched Videos