McMenamin Calls For Wage Freeze To Combat Pension Liability

A wage freeze for Springfield city employees is just the first step an alderman wants to see to address the city’s unfunded pension liability.

Ward 7’s Joe McMenamin says it may also take a tax increase to generate sufficient revenue to make an adequate pension payment each year. On the WMAY News Feed, he said that could include a dining-out tax or a city gas tax… if the wage freeze is implemented first.

He also says the city should explore whether it can break its contracts with employee unions because of the cash crunch.

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