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Council approves 2025 Minimum Municipal Obligation for non-uniform pensions ($48,029)
Summary
Borough Manager Cindy Wells reported the 2025 MMO for pensions: $48,029 required for non-uniform pensions and $0 required for the police pension; council voted unanimously to approve the MMO filings.
Borough Manager Cindy Wells reported the borough received the 2025 Minimum Municipal Obligation (MMO) figures: a required payment of $48,029 for the non-uniform pension plan and $0 required for the police pension plan.
Councilor Matt Joyce moved and Councilor Kerns seconded approval of the 2024 MMO payments for the non-uniform and police pensions; the motion carried unanimously. The meeting record does not include additional funding details beyond the required payment amounts presented by the manager.
