There’s a growing push at City Hall to tap excess pension trust money to cover the cost of providing health care to municipal retirees.
Mayor Art Ward said he’s sought to open negotiations with the unions representing firefighters and the police, but neither has agreed to sit down for talks yet.
Shifting the extra pension cash into a new post-retirement health care trust fund would potentially save taxpayers millions of dollars, particularly if the stock market keeps rising so the excesses remain substantial. CLICK HERE FOR STORY
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