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I decided to attend thecouncil meeting on Monday to see for myself what transpired rather than relying upon the views of others.

Here are my thoughts/observations:

The critical plan is closed meaning no knew employees coming in so the city is paying most of the bill and will be paying all the bill shortly.

The yearly contribution is pretty accurate and the longer term projections are less accurate as they can be influenced by rate of trurn, the effect of three zero pay increases, the additional $800,000 from the state and other things. That's why they are updated regularly.

There is a funding plan began many years ago that has been followed and the plan id to follow it.

Those what I believe are facts. These are my observations.

Councilman Merolla doesn't seem to know what he's talking about. Most of what he says either doesn't belong in the conversation or doesn't ad tho the conversation.I would have expected more from someone who's been on the council for 10 years. He's very scarcastic arrogant.

Councilman Slomon made a great summary but his points were backward. Being conservative on pnesion assumptions is a good thing, not a bad thing. Is he running for MAyor? Seemed to be pandering to firemen in attendance.

I don't have the answers but wacting the meeting I'm not confident anyone does but at least there is a plan. I think councilman gallucci summed it up best by saying these bills are not do and payable now and there has been thought given to the problem.

From: Mayor argues to hold course on pension plan

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