Bullock displays dramatic pension costs

 

Bullock displays dramatic pension costs

 

Date: May 29, 2013
by: Kurt Schultheis | Managing Editor

 
 

 

 

Town Manager Dave Bullock presented data at the Firefighters’ Retirement System Board of Trustees May 15 meeting that showed how pension costs have risen over the years.

Pension contributions were 16.8% of payroll in 2005 and have risen to 60.3% of payroll in 2013.

The following charts depict data from the three plans.

 

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