Receive analysis of new retirement benefits funding policy impact

Labor & City WorkersBudget

In Plain English

The state auditor required Richmond to create a funding policy for retiree health benefits after finding the city at financial risk. The city adopted a policy in June requiring 10% of budget surpluses go toward these benefits. GovInvest will present analysis showing how this policy affects the city's $100+ million unfunded obligation.

Auto-generated summary. Source: official agenda documents.