More than 100 UGA workers retire early
ATHENS, Ga. -- More than 100 University of Georgia employees retired on Friday, joining the more than 1,700 education workers statewide who retired Dec. 1, reports the Athens Banner-Herald.
The paper reports that the number statewide is about seven times the number of people who normally retire in December - 259 retired in December a year ago, said Jeffrey Ezell, executive director of the Teachers Retirement System of Georgia.
Ezell said he believes that many people are retiring a little early to get in under the wire before TRS eliminates an automatic 3 percent jump in annual retirement pay that has been in place for more than 20 years, the Banner-Herald reported. The bump applies only to the first $37,500 in retirement pay - a maximum of $1,125 per year, the paper said.




















