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FACT CHECK NUMBER 2 on BEACON EDITORIAL:

"- Avedisian introduced, and the City Council approved, revisions in retiree pension benefits that apply to employees hired after last July that will save the city millions"

Total saving by 2015 - $49,362

Additional pension cost to taxpayers: $7,589,689

Total saving by 2019 - $490,538

Additional pension cost to taxpayers: $12,241,142

By the time the city realizes $1,059,300 in saving it will be the year 2023

Additional pension cost to taxpayers will be $25,620,278

Verdict: PANTS ON FIRE

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