A sudden retirement by Allen County Prosecutor Juergen Waldick caught some people off guard Thursday, but after doing some checking we learned Waldick isn't going anywhere anytime soon.
Waldick submitted his retirement letter to the Allen County Commissioners Thursday, effective the evening of July 30th, but the letter goes on to state that because of Senate Bill 343, recently passed by the Ohio Senate and being debated in the Ohio House, that is if Waldick did not retire now his retirement benefits could be severely affected.
Waldick has 32 years in the retirement system and is eligible to retire and by law can be rehired, but he says if this new law was to be enacted, he could lose thousands of dollars.
The commissioners rehired Waldick giving him an 'interim' tag until the Republican Central Committee can officially reappoint him as prosecutor.
And Waldick will be on the November ballot seeking another term.
He says if he did not do this, he could work another 8 to 10 years and his pension would be lower than it is today because of the changes in the law and he admits, if the law is not enacted this move could backfire on him as he is forever out of the retirement system
