Medium PriorityTaxes Budgetopen

2027 Pension Obligation

Summary

The aggregated pension fund returned over 13% in 2025 and grew to $34.7 million. The police plan is 96% funded and the non-uniformed plan is 103.6% funded — strong numbers that keep retirement obligations healthy without extra taxpayer strain.

At a glance

Total mentions
2
Last 30 days
0

Last discussed Sep 15, 2026.

Impact analysis

💰Financial impact

The municipality contributed about $594,685 to the two plans in 2025; strong returns keep future taxpayer contributions stable.

✅Who benefits

Retirees receiving $2.1 million in annual distributions and taxpayers who avoid contribution spikes.

⚠️Who could be affected

Taxpayers absorb the modest increase in the municipal contribution.

Mentions & discussions (2)

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