Advisors from Morneau Sobeco will be proposing a new plan of action for the city’s Pension Plan at tonight’s Committee of the Whole meeting. The current plan is facing $150 million of unfunded pension liability, and if not amended could be run dry in as little as 30 years. The council meeting will be held tonight at 6:00 o’clock.
City’s Troubled Pension Plan Up for Discussion Tonight
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