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File #: 1205-18    Version: A Name: Communication from the City Attorney requesting to meet with the Finance and Personnel Committee in Closed Session pursuant to Wisconsin Statues section 19.85(1)(g), to confer with legal counsel concerning an issue regarding Central States, Southeast, and
Type: Communication Status: Passed
File created: 11/16/2018 In control: Finance and Personnel Committee
On agenda: Final action: 12/4/2018
Title: Subject: Communication from the City Attorney requesting to meet with the Finance and Personnel Committee in Closed Session pursuant to Wisconsin Statues section 19.85(1)(g), to confer with legal counsel concerning an issue regarding Central States, Southeast, and Southwest Areas Pension Fund. Recommendation of the Finance & Personnel Committee on 11/26/2018: To approve the negotiated settlement with Central States, Southeast and Southwest Areas Pension Fund and to request the Mayor to establish an Ad Hoc Committee to address the annual shortfall of the Transit Pension Fund. Fiscal Note: No present payment, contingent future liability only.
Sponsors: Q.A. Shakoor II
Attachments: 1. Agenda Briefing Memorandum 1205-18 2018-11-28, 2. Central States Final Settlement Agreement 2018-10-29, 3. #1205-18 Resolution

Title

Subject: Communication from the City Attorney requesting to meet with the Finance and Personnel Committee in Closed Session pursuant to Wisconsin Statues section 19.85(1)(g), to confer with legal counsel concerning an issue regarding Central States, Southeast, and Southwest Areas Pension Fund.

 

Recommendation of the Finance & Personnel Committee on 11/26/2018: To approve the negotiated settlement with Central States, Southeast and Southwest Areas Pension Fund and to request the Mayor to establish an Ad Hoc Committee to address the annual shortfall of the Transit Pension Fund.

 

Fiscal Note: No present payment, contingent future liability only.