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Pension Payroll and Financial Report - Quarter Ending December 31, 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 December 31, 2016
The following is a summary of the second quarter and year to date pension charges for the 1079 and 1082 plans.
In December, pension charges increased compared to October and November due to a quarterly uniform allowance payment.
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
Exhibit:
1. Quarterly Financial Report