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Council to consider 2025 Minimum Municipal Obligations for pensions
Union City Borough Council · August 13, 2024
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Summary
The posted agenda includes a motion to approve the borough's 2025 Minimum Municipal Obligations (MMOs) for pensions; the agenda does not include figures or actuarial materials.
The Aug. 13 agenda for Union City Borough lists a motion to approve the borough's 2025 Minimum Municipal Obligations (MMOs) for pensions. The posted agenda does not include actuarial tables, dollar amounts or supporting staff commentary.
Approval of MMOs is an annual budgetary and compliance item for the borough; the agenda entry indicates the council will consider the MMO figures at the meeting and that any adopted numbers should be reflected in minutes or fiscal records.
