Atlanta’s unfunded pension liability of $374 million for police officers, and the cost of mandatory participation in the city benefits package, could impact Atlanta’s efforts to recruit police officers.
Tag: pension
Posted inLatest News
Atlanta’s 2011 pension reform continues to set precedent for Georgia governments
Atlanta’s pension reforms in 2011 helped set the foundation for a court ruling in Hall County that supported Hall County’s defined contributions benefits plan and eliminated a potential payment to employees of more than $75 million.
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Georgia’s pension fund cited in positive light by Moody’s credit analysts
Georgia’s pension fund is highlighted in a positive light in a recent credit rating action by Moody’s Investors Service. Moody’s issued the rating for about $951 million in debt the state plans to sell for purposes including education and election voting systems.
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At last Council meeting, vote to merge pension boards
In their last action together, Atlanta City Council approved a bill to consolidate three city pension fund boards. Litigation may follow.
