http://wmub.org en http://wmub.org/post/special-council-session-citys-pension-system <P>Cincinnati Council held another special meeting Wednesday night to discuss the city's troubled pension system.&nbsp;</P> <P>Like many plans around the country it has a large unfunded liability, meaning without changes eventually there won't be enough money to pay promised retiree benefits.&nbsp;</P> <P>Council Members Charlie Winburn and Christopher Smitherman called the meeting.&nbsp;</P> <P>Winburn asked retirement system Executive Director Paula Tilsley if there are plans to change the annual cost of living adjustments for current retirees.&nbsp; She said the board is concerned about Thu, 28 Mar 2013 00:32:23 +0000 Jay Hanselman 10816 at http://wmub.org Special Council session on city's pension system http://wmub.org/post/special-meeting-yields-little-new-information-cincinnati-retirement-system <p>Preliminary numbers show Cincinnati's Retirement System had an 11.9 percent return on its investments for 2012.&nbsp; That's better than the 7.5 percent officials had projected.&nbsp;</p><p>That's about the only new information that came from a special city council meeting Wednesday night to discuss the retirement system.&nbsp;</p><p>Council Members Christopher Smitherman and Charlie Winburn called the session.&nbsp;</p><p>Smitherman was upset by who was not at the meeting...</p> Thu, 21 Feb 2013 01:04:02 +0000 Jay Hanselman 9454 at http://wmub.org Special meeting yields little new information on Cincinnati retirement system