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LJ employees might have new way to save money

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By The Staff

LEBANON JUNCTION - City employees may have another retirement savings option in Lebanon Junction.

The Lebanon Junction City Council unanimously agreed to allow employees to voluntarily participate in the state deferred compensation program.

According to an agency representative, the retirement program is voluntary. Full- or part-time employees may contribute to the program.

This provides a pre-tax way to save for the future. There is no cost to the city with the exception of the time it takes to set up the program and to issue the checks to the state.


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