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@TheDeal you state that the "3 full years of no raises" had "a big effect on lowering the unfunded liability".

2008/2009 Actuarial Accrued Liability of all pension plans $550 million. In 2010/2011 $629 million. In 2012/2013 $664 million

2008/2009 Unfunded Liability of all pension plans $237 million. 2010/2011 $307 million. In 2012/2013 $328 million

2008/2009 Police/Fire I funding ration, 26.6%. In 2010/2011 22.3%. In 2012/2013 20.3%

2008/2009 Municipal funding ration, 79.2%. In 2010/2011 70.9%. In 2012/2013 69.5%

2008/2009 Police II funding ration 98.3%. In 2010/2011 86.5%. In 2012/2013 81.0%

2008/2009 Fire II funding ration 88.3%. In 2010/2011 78.0%. In 2012/2013 83.4%

2008/2009 combined pension funding ratio 57.0%. In 2010/2011 51.2%. In 2012/1013 50.6%

Keep believing what the mayor is telling you. The real explanation is that as a result of the police and fire active employees not taking raises for three years reduced, the increase in the pension unfunded liability.

The Mayor explanation is like saying the city budget spending is increasing by $10 million in the next fiscal year but as a result of $2 million in cuts I reduced spending.

Who is "out of touch"?

From: Mayoral primary race heats up

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