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Wednesday, January 4, 2012

Common Council Gets Update On Revised Pension Plan

Changes to the city's pension plan are not ready to go before a special sitting of the Legislature even if it could be scheduled. 

That word delivered to Common Council by City Solicitor John Nugent. 

He says the Superintendent of Pensions has to sign off on the proposed changes before there can by any vote by the M-L-A's and the city is still waiting to hear from her.

Nugent warns she might still decide further changes are necessary.