Medium PriorityTaxes Budgetopen
Retirement Plan Financial Reporting
Summary
The city's frozen defined benefit pension plan is the healthiest it's been in decades — 109% funded on market value — meaning lower recommended contributions going forward.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Aug 25, 2026.
Impact analysis
💰Financial impact
Recommended contributions will drop now that the ~$350,000 annual amortization base has expired.
✅Who benefits
Retirees on the pension roll and taxpayers who fund the plan both benefit from its strong position.
Mentions & discussions (1)
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