City of Burton contributes more to police retirement fund
Tue, 23 Jul 2013 01:48:51 GMT —
The Burton City Council Monday night approved a measure geared toward relieving the burden of retirement costs on police officers.
Council voted to raise the city's contribution to the police retirement fund to 6.6 percent for one year.
The city had previously approved a 5 percent contribution. The new agreement will cost the city roughly $130,000 dollars.
Police officers had voiced their concerns about rising pension costs.
Burton Police Chief Tom Osterholzer said, â??This action on the councilâ??s behalf was very appreciated, it buys us time to try and fix the problem. A lot of officers can now put this behind them and focus their efforts on November, on a possible millage, on a possible solution towards fixing the problem long term.â??
City leaders are considering putting a millage increase on the November ballot to raise more revenue.
A second community meeting to discuss the millage is scheduled for this Wednesday at 6:30 p.m. at the ELGA Credit Union on Center Road.