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Union City approves 2025 MMO: $48,029 for non-uniform pension, $0 for police pension

Union City Borough Council · August 13, 2024
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Summary

Council recorded the 2025 Minimum Municipal Obligation figures: $48,029 required for the non-uniform pension and $0 for the police pension, and approved the MMO figures unanimously.

Borough Manager Cindy Wells reported the borough received the 2025 Minimum Municipal Obligation (MMO) figures, which require a $48,029 payment for the non-uniform pension and list $0 as the police pension MMO. Council moved to approve the MMO figures for 2024 (as recorded) and the motion carried unanimously.

Council did not add qualifiers to the pension figures during discussion; the record reflects the MMO amounts as presented. The approval completes the municipal acknowledgement of the pension funding requirement for budgeting purposes.

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