During today's Fire and Police Pension Board meeting, firefighters and officers balked at the latest round of cuts Mayor Andy Berke's task force is considering.
Fire Capt. David Brooks, who is on the task force, presented a piece of paper that detailed possible cuts to the audience of firefighters and officers. The news prompted loud comments and employees snapping photos of the plan on their cellphones.
Details of the proposal include:
• New hires wouldn't be eligible to retire until age 58; currently there is no age requirement.
• All employees would see their pension contributions increase from 8 percent to 13 percent. Several officers and firefighters called this a drastic pay cut.
Brooks said this was the latest scenario that members of the task force were handed on Tuesday.
The task force has been commissioned by Berke to find a way to address $150 million in unfunded liability to the pension fund. This week, Berke extended the deadline to reach a consensus to Jan. 31.
Read tomorrow's Times Free Press for complete details.
Joy Lukachick is the city government reporter for the Chattanooga Times Free Press Since 2009, she's covered breaking news, high-profile trials, stories of lost lives and of regained hope and done investigative work. Raised near the Bayou, Joy’s hometown is along the outskirts of Baton Rouge, La. She has a bachelor’s degree in mass communication from Louisiana State University. While at LSU, Joy was a staff writer for the Daily Reveille. When Joy isn't chasing ...
related articles »
Chattanooga Mayor Andy Berke's 18-member pension task force will meet for the last time on Wednesday to outline the changes ...
Firefighters and police officers got their first chance to publicly sound off on the proposed changes to their pension plan.
Chattanooga Mayor Andy Berke has extended the deadline for his 18-member task force to find ways to cut the police ...
Chattanooga Mayor Andy Berke has named an 18-board task force that will study how to make the city’s Police and ...