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Proposed Pension Changes Would Bring Near-Term Savings But Higher Future Costs

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PRELIMINARY BUDGET FOCUS: A number of changes have been proposed that would affect how the city’s annual contribution to its pension funds are calculated. We explain the changes and their implications for the city’s budget:

Sub title
  • Focus On The Preliminary Budget
Report type
  • Reports - Other (Consultant/Staff)
Date published
  • 2021-03-30
Calendar year
  • 2021
Required Report Name
  • Not Required