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Finance Committee recommends transfer from pension stabilization fund and outlines pension obligation bond savings

Brockton Finance Committee · December 2, 2025
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Summary

CFO presented a proposed transfer of $3,388,863 from the pension stabilization fund to cover normal pension costs and outlined projected multi-year savings tied to a pension obligation bond (POB) plan, leaving the stabilization fund at an estimated $22.674 million.

The Finance Committee recommended transferring $3,388,863 from the Pension Stabilization Fund to meet pension normal costs and to implement a pension financing strategy that includes pension obligation bonds (POBs).

CFO Troy Clark…

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