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Council approves 2025 Minimum Municipal Obligation of $48,029 for non-uniform pension

Union City Borough Council · August 13, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Borough Manager Cindy Wells reported the 2025 MMO at $48,029 for the non-uniform pension and $0 for the police pension; council voted to approve the MMO at the Aug. 13 meeting.

Borough Manager Cindy Wells reported that Union City Borough had received its 2025 Minimum Municipal Obligation (MMO) figures: $48,029 required for the non-uniform pension and $0 required for the police pension. Council voted to approve the 2024 minimum municipal obligations for the non-uniform and police pensions as presented in the minutes.

The minutes do not list funding source or payment schedule details beyond the required MMO amounts. Councilor Matt Joyce moved to approve and Councilor Kerns seconded the motion; the motion carried unanimously.

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