After receiving the initial payment of $1,696,403.98 from the County in the retiree health care subsidy case, the Fraternal Order of Police reviewed the calculations for accuracy. In review the FOP discovered that a few months of overcharges may not have been included in the original payment. This was communicated to the County and resulted in an additional $84,866.00 owed to our retirees. We received the additional payment on June 5, 2014.
After a review of the interest calculation, an error was discovered. This was communicated to the County and resulted in an additional $20,209.56 in interest payments that were due. We received the additional payment June 10, 2014. This brings the total amount to $1,801,497.54.