Council Reaches Pension Reform Deal

From Patch Staff Reports

The Atlanta City Council Thursday combined elements of pension reform plans offered by Buckhead Councilwoman Yolanda Adrean and Felicia Moore, who represents part of Buckhead.

The council will vote on the combined plan next week, according to The Atlanta Journal-Constitution.

In the compromise combining elements of the two plans, city workers received more concessions, which, according to actuary estimates, would still save the city around $25 million per year, the newspaper said.

The council voted unanimously to amend the pension reform plan authored by Adrean with revisions from Moore, possibly setting up easy passage next week.

Here is the link to the AJC article on the penison plan.