The Winnetka Park Board approved a plan that would contribute a match of $25 per paycheck at a maximum $650 a year per employee to a 457 retirement plan. Human Resources Director Beth Dostert said she brought the idea to the board to encourage Park District employees to think ahead and save for retirement. She said plans offered by the Illinois Municipal Retirement Fund aren’t adequate for all employees even if employees reach the number of years required to reach full benefit. “As much as I educate staff on the importance of retirement savings and contributing to a 457 plan, […]
Winnetka Park Board approves employee retirement matching plan
