Allow firefighters and police to contribute extra 1% toward retirement
In Plain English
Current firefighters and police hired before 2013 contribute 2% of their salary toward retirement benefits. This change lets them voluntarily contribute an additional 1% to increase their future pension payments. The city pays nothing extra under this optional program.
Auto-generated summary. Source: official agenda documents.
Votes
Approve first reading of said ordinance
5 to 0
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