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Trenton’s MERS pension plan 73% funded; unfunded liability about $12.9 million
5726779 · July 22, 2025
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Summary
Controller Jill Cooper reported the Municipal Employees’ Retirement System actuarial valuation as of Dec. 31, 2024 shows the plan 73% funded with an unfunded liability of $12,918,862; council received and placed the report on file.
The Trenton City Council received and placed on file the Municipal Employees’ Retirement System (MERS) actuarial valuation as of Dec. 31, 2024, which the city’s…
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