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State reduces pension of former Bell officials

Posted: June 18, 2012 12:00 p.m.
Updated: June 18, 2012 12:00 p.m.
 


BELL, Calif. (AP) - The state retirement system has advised two former Bell officials that five years of pension benefits are being shaved from their retirement checks because the city paid for them.

Workers are allowed to buy as many as five years' additional credit toward their pensions but cities can't pay.

The Los Angeles Times says former chief administrative officer Robert Rizzo, who once expected an annual check of $650,000 plus the added years, will get $50,000 and former assistant, Angela Spaccia, who'd planned on $250,000 a year plus more from Bell, will get $34,000.

Rizzo and Spaccia and six other former Bell officials face charges of felony public corruption. It is the second time their pensions have been cut.

Attorney James Spertus says he believes Rizzo properly purchased the extra credit.

Copyright 2012 The Associated Press.

 

 

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