Macon Pension Debate Continues
Macon City Council’s Appropriations Committee decided to send the mayor’s proposed plan back to the drawing board.
The mayor’s office and the pension board are having a tough time meeting in the middle.
They can’t decide how the under-funded general employee pension plan should be paid back.
The mayor’s administration suggests a five year plan, raising the contribution from under three percent to more than 13 percent, will be the most efficient way for the city to repay $900-thousand.
The pension board seeks a shorter re-payment plan over three years.
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