Docket 0735
Roll call 14 of 20 at the meeting of June 3, 2026: 13 yes, 0 no.
The motion
Approving $40 Million for the City Employee Benefits Fund.
The City's own summary of the docket.
The latest available OPEB actuarial valuation as of June 30, 2023, estimated the City’s unfunded liability at $2.68 Billion Dollars, the committee submitted a report recommending that the order ought to pass.
The clerk's full description
On the message and order, referred on April 8, 2026, Docket #0735, approving an appropriation of Forty Million Dollars ($40,000,000.00) to the Other Post Employment Benefits (OPEB) Liability Trust Fund authorized under Chapter 32B, §20, as added by Chapter 479 of the Acts of 2008. The latest available OPEB actuarial valuation as of June 30, 2023, estimated the City’s unfunded liability at $2.68 Billion Dollars, the committee submitted a report recommending that the order ought to pass.