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Editorial Results (free)
1. Council Weighs Timeline for Key Votes
- Thursday, June 12, 2014
The Memphis City Council’s vote later this month on health insurance changes for city employees and retirees is critical in terms of increasing the city’s annual required contribution toward its unfunded pension liability.
2. Council Mulls Pension Liability Numbers
- Thursday, May 08, 2014
The leaders of the city’s police and fire unions watched closely Tuesday, May 7, at City Hall as new numbers on the city’s pension liability from a new group of actuaries appeared to reset the ongoing discussion about city finances.
3. Actuary Estimates Lower Pension Liability Numbers
- Wednesday, May 07, 2014
The actuary firm hired by the Memphis City Council to help the council navigate the city’s unfunded pension liability told the council Tuesday, May 6, that the city’s unfunded pension liability is $457 million and the city’s annual required contribution on the liability should be $69.3 million.