RSA denies extra retirement funds for Devane - The Southeast Sun: Home

Facebook Twitter
default avatar
Welcome to the site! Login or Signup below.
|
Not you?||
Logout|My Dashboard

RSA denies extra retirement funds for Devane

Print
Font Size:
Default font size
Larger font size

Posted: Wednesday, December 11, 2002 12:00 am

A decision by the board of Retirement Systems of Alabama to deny 12th Judicial Circuit's District Attorney investigator Bruce Devane a significant retirement increase was recently upheld by the state board of control.

Don Nelson, director of benefits for employee retirement systems, said it was discovered by RSA that Devane had a significant increase in salary while he was making contributions towards his retirement plan.

Nelson said the RSA board ruled that by law any compensation that is considered extraordinary is not subject to retirement deductions. On appeal the board of control upheld the decision of the board.

Nelson said that in fiscal year 1999 Devane reported a salary of $80,307 and in 2000 reported a salary of $152, 014, an increase of 89 percent in pay one year.

A decision by the board of Retirement Systems of Alabama to deny 12th Judicial Circuit's District Attorney investigator Bruce Devane a significant retirement increase was recently upheld by the state board of control.

Don Nelson, director of benefits for employee retirement systems, said it was discovered by RSA that Devane had a significant increase in salary while he was making contributions towards his retirement plan.

Nelson said the RSA board ruled that by law any compensation that is considered extraordinary is not subject to retirement deductions. On appeal the board of control upheld the decision of the board.

Nelson said that in fiscal year 1999 Devane reported a salary of $80,307 and in 2000 reported a salary of $152, 014, an increase of 89 percent in pay one year.

"RSA questioned Devane's former boss, then district attorney Mark Fuller, about the extraordinary compensation and Fuller told RSA he had assigned additional duties to Devane for one year," he said. "Devane's only recourse now is to take the issue before a court and let a judge rule on the matter. RSA is confident in the decision that was made to deny Devane; in a similar court case we had RSA prevailed and that was the main reason the board made its decision."

Nelson added that at this time he is not aware of any other employees in the district attorney's office in Coffee County earning extraordinary wages.

Nelson said RSA has received some feedback from taxpayers who are outraged at Devane's compensation "and justifiably so."

"Taxpayers should really be outraged if it were to stand," he said. "The one year compensation increase would cause Devane's retirement to increase a little over $1,035 a month. The retirement fund would cost taxpayers somewhere around $329,000 if Devane lived the average life span expected for a man his age."

Nelson said as far as he knows the highest paid investigator in the state, other than Devane, earns approximately $80,000 a year.

"State retirement pay is based on earnings in the highest three years in the last 10 years of work," Nelson said.

The mission of the Retirement Systems of Alabama is to serve the interests of the members by preserving the excellent benefits and soundness of the systems at the least expense to the state and all Alabama taxpayers.

  • Discuss

Rules of Conduct

  • 1 Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
  • 2 Don't Threaten or Abuse. Threats of harming another person will not be tolerated. AND PLEASE TURN OFF CAPS LOCK.
  • 3 Be Truthful. Don't knowingly lie about anyone or anything.
  • 4 Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
  • 5 Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
  • 6 Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Welcome to the discussion.

Online poll