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40 Retirees Ordered to Repay Eleven Million Dollars After Plan Administrator's Mistake
The Denver Post
May 6, 2020 "About 40 retirees from the city of Denver have been ordered to pay back [eleven million dollars] in retirement benefits after they were erroneously receiving the funds because of a mistake by a retirement plan administrator ... The error occurred about 15 years ago and was discovered in late 2019 during a routine review, agency officials said, adding that letters were sent out to the retirees and their survivors." MORE >> |
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