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Council agenda includes motion to approve 2025 Minimum Municipal Obligations for pensions
Summary
The Aug. 13 agenda lists a motion to approve the Borough's 2025 Minimum Municipal Obligations for pensions; the posted agenda does not give dollar totals or plan names.
Union City Borough's posted agenda for Aug. 13, 2024 includes a motion to approve the 2025 Minimum Municipal Obligations (MMOs) for pensions. The agenda entry cites the MMO approval as a formal motion but does not attach dollar totals, actuarial figures, or plan names.
Approval of MMOs typically establishes the borough's minimum required contribution to pension plans for the following year. The posted agenda lists the motion but does not record any vote or the contribution amounts; those would be expected in meeting minutes or accompanying budget documents.
