TTA retirees may work part-time, keep pension
HUNTINGTON — Tri-State Transit Authority Board Members on Wednesday approved allowing retired employees to come back to work without suspending their pension payments.
Under the former policy, if retired employees wanted to accept part-time work at TTA, they would have to suspend their pension payments until they were no longer employed again.
“Once we found out there would be a clause in the policy, we asked our attorney to help us out and fix that so we wouldn’t be discouraging our retirees if they want to come back and work part-time,” said Paul E. Davis, general manager and CEO.
Davis said retired employee would not drive buses or perform maintenance, but would fill in at the administrative offices or dispatch center.
“This is what happened to us,” Davis said. “We have a lot of this brain drain that leaves TTA. These are experienced people, and a lot of people want to come back and work.”
Board Vice President Randy Moore said he believes the move is a good thing because a lot of retirees are looking for something to do on their downtime.
“A lot of the time, folks that are retired just need a little break. You give them 120 days, and they are saying, ‘Well, I’d like to find something to do again. I’ve already caught up everything around the house,’ ” Moore said. “When they were facing giving up their pension payment and going back to work, this is a good thing.”
Also during the meeting, Scott Stultz, chief financial officer, gave an update on TTA’s financial status. In November, expenses were below budget by approximately $58,000. Fuel costs were more than $28,000 below budget due to low gas prices across the country, Stultz said.
Ridership for October, which are the most recent figures, was up by 5,994 customers compared with October 2017.
In other news, board members welcomed Jennifer Wheeler, who serves on city council and was appointed to the board earlier this month. Wheeler will serve as the board’s secretary.
Travis Crum is a reporter for The Herald-Dispatch. He may be reached by phone at 304-526-2801.