Cincinnati retirement system

Cincinnati pension
5:03 pm
Tue January 21, 2014

Cincinnati pension reform votes could be coming soon

Cincinnati Council could be voting in the next several months on proposals to stabilize the city's underfunded pension system.  Some members said the action needs to happen soon, while others said the problem will not be remedied overnight. 

The Budget and Finance Committee heard about the issue Tuesday. 

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City retirement
3:05 pm
Tue September 3, 2013

Council places pension charter amendment on ballot despite unanimous opposition to it

Cincinnati City Hall
Jay Hanselman

Cincinnati voters will decide in November if they want to amend the charter to make changes to the city's troubled pension system.  Those could include finding a way to fully fund the current plan in ten years and requiring new employees to be in 401K style plans similar to those offered by many private employers.  

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Cincinnati council
2:00 pm
Mon September 2, 2013

Cincinnati Council takes up pension charter amendment Tuesday

A Cincinnati Council Committee will likely vote Tuesday to place a charter amendment on the November ballot that would change the city's retirement.  

The committee doesn't have a choice since the group behind the effort collected enough valid signatures to get the issue before voters.  

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Cincinnati Pension
5:38 pm
Tue August 6, 2013

Group turns in signatures to put pension issue on ballot

The group trying to revamp the city of Cincinnati's pension system says it's submitted almost 16,000 signatures on petitions to put the charter amendment before voters. It needs more than 7,400 valid signatures to make November's ballot. The board of elections still needs to verify the signatures and certify the issue. 

"This is a common-sense approach," said Burr Robinson with the Cincinnati for Pension Reform ballot committee.  "We can't meet our pension obligations, and the problem only gets worse the longer we stick with this current structure."

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Cincinnati pension
3:43 pm
Mon August 5, 2013

Council votes to oppose pension plan ballot initiative

Cincinnati Council is opposing a campaign to change the city's retirement system. The Cincinnati for Pension Reform Committee has been collecting signatures to put the issue on November's ballot. Council's finance committee today passed a resolution opposing the effort, saying it's not a solution to the city's unfunded pension liability.

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