City of Milwaukee pension

Around the Nation
2:05 am
Thu October 3, 2013

While Others Underfunded Pensions, Milwaukee Held Firm

Bill Averill, 62, has retired from the City of Milwaukee assessor's office and is collecting his pension. Milwaukee's fund is consistently rated as one of the best-performing in the country.
Erin Toner WUWM

Originally published on Thu October 3, 2013 11:53 am

After more than two decades in city government, Bill Averill has a pretty impressive mental inventory of Milwaukee real estate. He started in the city assessor's office when he was 34, after leaving a private sector job that paid better but had no retirement benefits.

"That was one of the main reasons I went to work for the City of Milwaukee," he says. "And so I knew the pension at some time, way out in the future, would be a benefit to me."

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Politics & Government
8:16 am
Wed May 22, 2013

Milwaukee Common Council Approves Pension Changes

The minimum service retirement age for new City of Milwaukee employees will be pushed back to 65 from its current age of 60 under pension changes approved by the Common Council.

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