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Midland mayor, firefighters report progress toward pension change that would add a city lump‑sum infusion
Summary
City and firefighter representatives told the PRB they have matching council and board resolutions and are educating members ahead of a vote on a package that includes a lump‑sum city infusion tied to a 5% equivalent change for firefighters.
Officials from the City of Midland and Midland fire representatives briefed the Pension Review Board on ongoing negotiations and member education related to a proposed change to the city’s fire pension.
Mayor Laurie Blonde said the city council and the firefighters’ board each adopted corresponding resolutions to allow a package that would include a 5% equivalent change (subject to the members’ vote) and a city side lump‑sum payment intended to move the fund toward a 30‑year amortization schedule. The mayor said both bodies…
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