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Committee analyzes pension benefit costs


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  • | 4:00 a.m. April 9, 2014
  • Longboat Key
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Longboat Key’s Finance Department recently issued bar charts and line graphs to outline the town’s pension assets; the benefits paid out; the $27 million in unfunded pension liabilities that need to be paid by taxpayers over time; and the town’s pension funding ratio.

The town’s Investment Advisory Committee will review these charts at its April 16 quarterly meeting during a pension liability update agenda item.

Contact Kurt Schultheis at [email protected]

 

 

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