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Editorial Results (free)
1. Memphis' Cost for Non-Pension Benefits Still Controversial
- Tuesday, July 7, 2015
The amounts are roughly the same at about $1 billion, but there’s a difference between City Hall’s liability for pension and non-pension benefits, including health insurance, for city of Memphis employees.
2. Memphis City Council Adds Health Benefits Extension to Budget To-Do List
- Thursday, June 11, 2015
Memphis City Council members have another decision to make on their list of votes before the fiscal year ends June 30.
The council is weighing extending health insurance benefits through 2016 for city retirees younger than 65.
3. Pension Reform Decision Back At Square One
- Thursday, October 23, 2014
It happened in the shadow of a change in the pension reform proposal Memphis Mayor A C Wharton Jr. had backed all through the summer and two of three council votes.
As the Memphis City Council got its first formal presentation Tuesday, Oct. 21, of Wharton’s new hybrid pension plan, it settled City Hall’s tumultuous discussion about changes to health insurance coverage for city employees and retirees.
4. 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.
5. Council Mulls Pension Liability Numbers
- Thursday, May 8, 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.
6. Actuary Estimates Lower Pension Liability Numbers
- Wednesday, May 7, 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.