Ten City of Yukon employees with a combined 243 years of service have accepted a “special retirement option” offered to longtime municipal personnel.
The Yukon City Council, at its July 15th meeting, approved an ordinance amending the City of Yukon’s Retirement System Defined Benefit Plan.
This change provided the special (typically referred to as “early”) retirement option to city personnel who are at least 55 years old and whose age and years of vesting service in the Oklahoma Municipal Retirement Fund (OMRF) system is 77 years or more…