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9/25/2008 2:34 PM
The Sacramento Bee's "State Worker" blog on Sept. 25 features ACSS secretary-treasurer Terry Sutherland.
Columnist Jon Ortiz had written about an IRS proposal to change retirement age requirements and asked state workers to send their thoughts. Sutherland, a CPA, wrote Ortiz a letter analyzing the proposal as he sees it. Ortiz excerpted the letter and provided a link to read it in full.
A few very brief points from Sutherland's letter:
- Public safety workers likely won't be affected; they'll still be able to retire at 50.
- "Double-dipping" may be prevented.
- "Miscellaneous" state workers - like Sutherland - may need to wait until 55, not 50, to retire.
- The IRS proposal could be "sidetracked by the lobby tsunami."
Contact Jon Ortiz at firstname.lastname@example.org.