Turmoil continues with the Macon Fire and Police Pension Board.
Monday evening, the group tabled a special called meeting to hear a financial report from the actuary. Before the meeting got underway, representatives for the police and fire departments disagreed with other members, saying all parties involved were not present to hear the financial report and they also wanted to see about hiring a different actuary. After a discussion, the board voted 3-2 to table the meeting.
Macon City Council members on the board say they're tired of the power struggle during the meetings, and hope the group will come together for the best solutions for the fund.
"We put the retirement at a disadvantage because we're not being what I would consider good stewards over the time of the board, the time of the people who serve us, and we need to watch the fund, it is our ultimate responsibility," said Charles Jones, Macon City Councilman and Chairman of the Police and Fire Pension Fund Board.
The City is currently paying 16.44% into the pension fund in order to pay back $3.5 million, plus interest, after funding was cut during the economic downturn in 2008. The city is currently paying $150-thousand a month into the fund.