Former Harrisburg Mayor Stephen R. Reed leaves office with $56,000 pension

From the Patriot News:

Stephen R. Reed, the man once dubbed Harrisburg's "mayor for life," walked away from city government with a basic pension of $56,000 a year.

According to documents The Patriot-News obtained through a Right-to-Know request, that’s 70 percent of Reed’s $80,000 a year salary as mayor.

Reed’s pension is pretty standard in government employment circles. A state worker with a similar amount of years of service and salary would retire at 75 percent of the $80,000 they made in their final year of service, according to the State Employees’ Retirement System.

Reed, who has held the post of Harrisburg’s mayor for 28 years, will receive a $4,667 monthly benefit from the city. Since leaving office in January, Reed has started a consulting firm, Reed Strategic Advisers.

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