The City of Adrian’s Pension Liability Fund; What is it and What’s Wrong with it?

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Adrian, MI – The Adrian City Commission was briefed on the current financials for the municipality, and was reminded of the one glaring negative aspect…the pension liability fund.

Administrator Greg Elliott talked to WLEN News about the fund itself…

 

Elliott says that qualifying employees are on a different retirement plan now, but the current problems will still be around for some time…

 

 

Administrator Greg Elliott talked about the variability of the fund…

 

Tune into our local and state newscasts, anytime day or night, for this story and more.

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