Council doing what is necessary on pension funds - News Summed Up

Council doing what is necessary on pension funds


× Loading&hellp; {{title}} {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}} {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}{{html}} Thanks for being a subscriber. Since I have been on Council, we have substantially increased funding for the retirement fund to address the issue. Several months ago, fellow councilmember Charlie Odegaard and I met with the Public Safety Personnel Retirement System administrator and his staff. Based on that and other meetings, Council and city staff formulated a path to success. Not everyone agrees with the plan, but no one has proposed an alternate plan (except greatly raising taxes).


Source: Daily Sun May 26, 2020 18:33 UTC



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