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Pension error costly for former Ind. city worker
Updated: Wednesday, 27 Feb 2013, 1:31 PM EST
Published : Wednesday, 27 Feb 2013, 1:31 PM EST
MISHAWAKA, Ind. (AP) - A northern Indiana city that paid a former city employee $10,000 too much from its pension fund has reached a settlement in the case.
Former Mishawaka city worker Pat Oliva has agreed to pay back $7,500 of the money to the city.
But the South Bend Tribune reports that Mishawaka spent more than $12,500 in legal fees trying to get the money back.
Oliva had worked for Mishawaka Utilities for seven years until he lost his job in 2009 in a staff reduction. The city released about $12,500 from its pension fund for him in October 2011, leaving him with about $10,000 after taxes.
Seven months later city auditors discovered that Oliva should have gotten only about $2,500 and asked for the rest of the money back.
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