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Agenda lists motion to approve 2025 Minimum Municipal Obligations for pensions
Summary
Union City Borough's Aug. 13 agenda includes a motion to approve the borough’s 2025 Minimum Municipal Obligations for pensions but does not list dollar amounts or actuarial reports in the posted agenda.
The posted agenda for the Aug. 13 meeting contains a single-line entry: "MOTION TO APPROVE THE 2025 MINIMUM MUNICIPAL OBLIGATIONS FOR PENSIONS." The agenda does not specify the MMO dollar amounts, actuarial assumptions, or the pension plans covered.
Pension MMOs are typically tied to actuarial valuations and budget planning. The agenda provides no attachments or figures; if council action is planned, the public should expect the council packet or staff presentation to include the MMO report or a staff summary of required contribution levels before any vote is taken.
