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Eaton County administration proposes cash injection and amortization extension to tackle pension shortfall
Summary
Administration told the Ways & Means committee it plans to inject funds into MERS and extend amortization by five years to reduce Eaton County’s unfunded pension liability (currently ~61% funded); the committee forwarded the proposal to the full board for further action and to begin MERS processing for an effective employer rate change on 10/01/2026.
Eaton County administration presented a plan Nov. 14 to address the county’s unfunded pension liability by adding cash to the Municipal Employees’ Retirement System (MERS) and extending the amortization schedule by five years.
Ben, deputy administrator, described the proposal as a measured step to reduce long‑term personnel…
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