Meeting Time: June 16, 2021 at 2:30pm MST
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Agenda Item

38 Authorization to Adopt Proposed Update to Pension Plans Funding Policy (Ordinance S-47723)

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    Tim Knobbe over 3 years ago

    Mayor, Council, City Manager and Staff, I support this authorization as it not only supports our future, current and retired Phoenix Police, Firefighters and Paramedics, but it is also fiscally responsible and critical to the future health of our city. Thank you for your time.

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    Bryan Willingham over 3 years ago

    Mayor Gallego, distinguished Council, City Manager, and Staff- I would like to urge all of you to support this proactive and fiscally responsible concept. This type of proactive approach is exactly the type of leadership our City needs. I am confident this decision would put us on track for the great citizens of our community and their future.

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    Darrell Kriplean over 3 years ago

    This is a positive plan moving forward to help bridge the gap of the unfunded PSPRS liability. This will help the city to pay off the debt sooner and free up general fund resources to improve community services. Very fiscally responsible considering the low interest rates.