KETCHIKAN - The manager of the Ketchikan Gateway Borough is resigning, reluctantly.
Dan Bockhorst tells the Ketchikan Daily News that the only reason he's doing so is a technical issue with the Public Employees Retirement System.
In his resignation letter, he says active employees in the system face a number of default provisions.
The 58-year-old Bockhorst says he must formally retire to pre-empt default provisions and select options he prefers.
He also says continued participation in the system yields only marginal benefit because the system has the effect of eliminating financial incentives to continue employment beyond a certain point.
Borough attorney Scott Brandt-Erichsen says the assembly could negotiate a contract to hire Bockhorst as an independent contractor.
Juneau Empire ©2013. All Rights Reserved.