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Union City approves 2025 Minimum Municipal Obligation of $48,029 for non-uniform pension
Union City Borough Council · August 13, 2024
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Summary
Council approved the 2025 MMO showing $48,029 required for the non-uniform pension and $0 for the police pension; the motion carried unanimously.
Borough Manager Cindy Wells reported receipt of the 2025 Minimum Municipal Obligation (MMO). The required payment for the non-uniform pension is $48,029 and the police pension liability was listed as $0 for 2025. Councilor Joyce moved to approve the MMO figures; Councilor Kerns seconded and the motion carried unanimously.
The motion accepts actuarially determined pension obligations as presented; no additional funding sources or offsets were recorded during the meeting.
