Title
Pension Payroll and Financial Report - Quarter Ending December 31, 2018 (Finance - Funds 801 & 802)
body
To: Chairman and Members of the Pension Board
From: Elena Adair, Finance Director
Re: Pension Payroll and Financial Report - Quarter Ending December 31, 2018
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 for Plan 1079 (Police and Fire) slightly increased due to the quarterly payment of the uniform allowance.
Please also refer to attached Exhibit 1 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