News Details
City Council Gets Briefing on Pension Systems in Long Beach

The Council requested the study session in order to begin determining what can be done to reduce our obligations as revenues continue shrinking.

The City Council has directed management to begin discussing with all employee associations how the current deficit can be reduced as the City Charter requires a balanced budget with no deficit.

You can read the presentation the City Council received on the state of pension systems in Long Beach on Councilwoman Schipske's blog here.