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Pension Payroll and Financial Report - Quarter Ending June 30, 2016 (Finance - Funds 801 & 802)
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To: Chairman and Members of the Pension Board
From: Elena Adair, Finance Director
Re: Pension Payroll and Financial Report - Quarter Ending June 30, 2016
The following is a summary of the fourth quarter and year to date pension charges for the 1079 and 1082 plans.
In May, pension charges decreased due to the passing of Charles Roeder on 5/1/2016.
In June, pension charges increased due to the quarterly payment of the uniform allowance.
Please also refer to the attached exhibit summarizing operating revenues and expenses for the police and fire pension plans 1079 and 1082.
Respectfully submitted,
Elena Adair
Finance Director