Police and Fire Pension Fund to decide fate of pension reform Monday

The Police and Fire Pension Fund board is set to cast a final vote Monday on the pension reform legislation approved by City Council on Dec. 9. The final status of the pension reform package, which calls for a mix of surging money into the pension fund and cutting benefits, rests with the board, who can either reject it altogether, elect to modify it or accept it. Rejecting it would kill the legislation, while modifying it would mean that City Council would have to agree to changes proposed by…
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