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If investment returns continue at the current pace, the pension for city employees will be fully funded in 2061.
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Cincinnati retirement system still underfunded, still not on track for full funding.
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The current estimated unfunded liability is about $724 million. Officials say the retirement system can be fully-funded by 2045 if the city immediately increases its yearly contribution.
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The 1968 agreement for the operation of the Metropolitan Sewer District may need to be extended. The replacement agreement hinges on a measure that hasn't…
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Cincinnati's retirement system was better funded last year when compared to just five years ago. The improved results largely stem from a collaborative…
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Cincinnati council will likely vote this week to incorporate some of the key components of the pension settlement agreement into municipal code. A federal…
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Cincinnati council members spent nearly four hours Tuesday questioning the fund managers and the actuary for the city's pension system.Some are worried…
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Last week, after nearly ten months of negotiations, the City of Cincinnati, the unions of current city employees, and retirees came to an agreement over…
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The City of Cincinnati has reached a deal with the unions of current employees and with retirees over the pension fund. Unfunded liability in that account…
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Cincinnati Mayor John Cranley is holding a press briefing Wednesday afternoon to highlight his first year in office.In advance of meeting with reporters,…