The Municipality of Monroeville Council on Sept. 9 adopted a resolution authorizing the 2026 minimum municipal obligation (MMO) under Resolution 5 of 1984, the Municipal Pension Plan Funding Standard Recovery Act. The MMO figures are $2,403,032 for the police pension plan and $1,019,369 for the nonuniform pension plan.
Council moved and seconded the resolution and approved it by roll call. The resolution references the statutory funding standard used to calculate municipal pension obligations. No amendments or alternative funding sources were discussed in the meeting transcript.
Why it matters: the MMO determines how much the municipality must budget in 2026 to meet pension funding standards for covered employees; the figures will inform next year’s budget and cash-flow planning.
What happened: council approved the resolution by unanimous roll call at the Sept. 9 meeting; staff did not identify offsets, additional funding sources, or implementation steps during the discussion recorded in the transcript.