A bill under consideration in the Ohio House that would increase city contributions to police and fire pensions would cost the city of Cleveland roughly $11 million more per year, according to Chief Financial Officer Ahmed Abonomah.
A bill under consideration by the Ohio House's insurance committee would cost Cleveland $11 million more annually in police and fire pension contributions, the city says.CLEVELAND, Ohio – A bill under consideration in the Ohio House that would increase city contributions to police and fire pensions would cost the city of Cleveland roughly $11 million more per year, according to Chief Financial Officer Ahmed Abonamah.
Abonamah flagged that potential price tag as a substantial budgetary concern earlier this week during a discussion of city finances before a council committee. Note to readers: if you purchase something through one of our affiliate links we may earn a commission.
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