Council member Filomena Mullis spoke out... wondering why this new ordinance was needed. She wanted to know what the mayor would do with excess funds that would be left-over from decreasing the amount allocated for the pension fund.
Filomena T. Mullis, Macon City Council
The new ordinance was in response to a proposal the mayor suggested as an option to maintain the solvency of the city's finances. Based on a 2004 actuary report of the city's pension fund books... he commented on considering decreasing the amount contributed to the fund from $1.7 million to $400,000.
Macon Mayor C. Jack Ellis
He says...
"I don't think we're in a position to fund anything more than the minimum required."
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