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Council to consider 2025 Minimum Municipal Obligations for pensions

Borough of Union City Council · August 13, 2024

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Summary

The posted agenda for Aug. 13, 2024 lists a motion to approve the 2025 Minimum Municipal Obligations (MMOs) for pensions; the agenda does not include dollar totals or plan names.

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The Borough of Union City's posted agenda includes a motion to approve the 2025 Minimum Municipal Obligations (MMOs) for pensions. The agenda item does not list the MMO dollar totals, the plans affected, or actuarial details.

Approval of MMOs is a recurring annual administrative step for municipalities participating in state pension systems; the posted agenda records the motion but provides no supporting financial schedule or figures. The posted agenda does not record any vote or outcome for this item.

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