Early Retirees

Around the Miami Valley
7:17 am
Mon August 15, 2011

Increased Retirements Costs Southwest Ohio County

Zack McCarthy Flickr

CINCINNATI, Ohio - The southwest Ohio county that includes Cincinnati had $1.3 million set aside this year for pension costs but has used it up as more workers retire.

County officials tell The Cincinnati Enquirer many recent retirees are worried state lawmakers will try to cut their pension benefits to save money, so they're retiring early. The increase in retirements surprised the county, and it had to cover payouts for vacation and sick time using its general fund.