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Pension Payroll and Financial Report - Quarter Ending September 30, 2019 (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 September 30, 2019
The following is a summary of the Fiscal Year 2019-20 first quarter pension charges for Plan 1079 and Plan 1082:
Pension charges for Plan 1079 (Police and Fire) slightly increased in September due to the quarterly payment of the uniform allowance. Pension charges for Plan 1082 (Police) remained the same for each month in the quarter.
Also, please refer to the attached Exhibit 1 summarizing operating revenues and expenses for the police and fire pension Plan 1079 and Plan 1082.
Respectfully submitted,
Elena Adair
Finance Director
Exhibit:
1. Quarterly Financial Report 09-30-19