The retirement plan for Fresno County, Calif., employees appeared to be in a pickle when an actuarial firm determined that 5,200 former and current county employees who had been told they would be getting refunds found out they might have to pay extra money into the fund instead.
After an audit in January, the county's 7,500 employees learned that up to $7 million in extra money for cost-of-living increases had been taken out of their paychecks since 2003 and that they could expect to be reimbursed about $1,000 each, according to the Associated Press.
But then the actuarial firm found that the employees had paid a total of $1.1 million less than they should have for the increases.
Employees are balking at the idea of paying back the money, especially after they had been expecting refunds. The county board plans to hold a meeting in August to decide what to do next.
