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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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