Rick's Blog

City Pension membership analysis

General Pension Membership
Retirees and beneficiaries receiving benefits: 555
Terminated plan members entitled to but not yet receiving benefits: 49
DROP plan members: 39
Active plan members: 389
Total 1,032
2007-08 City contribution: $7,122,567, $6901 per member, $16,641/active, drop members
Sept. 30, 2008 value: $100,489,512, $97,313 per person

Firemen Pension
Retirees and beneficiaries receiving benefits: 159
DROP plan members:11
Active plan members:112
Total: 282
2007-08 City contribution: $4,352,178, $15,433 per member, $35,383/active, drop members
Sept. 30, 2008 value: $78,834,832, $279,556 per person

Police Pension
Retirees and beneficiaries receiving benefits:111
Terminated plan members entitled to but not yet receiving benefits: 3
DROP plan members:8
Active plan members:162
Total: 284

2007-08 City contribution: $3,477,486, $12,244 per person, $20,456/active, drop members
Sept. 30, 2008 value: $51,697,515, $182,033 per person

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