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Logan Facing Pension Spike



Logan Township is facing a 20-percent spike in pension costs next year.
 
Manager Tim Brown told the board Thursday that the minimum municipal obligation for 2014 will increase to $264-thousand. Supervisor Ed Frontino says the amount is concerning – but not uncommon.
 
  
 
Frontino says too many variables go into determining the MMO – and next year it will spike. He says the township is fortunate that its pension is fully-funded unlike other municipalities across the state.


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Topics : LaborSocial Issues
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Locations : Logan Township
People : Ed FrontinoLogan FacingTim Brown
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