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Fiscal Responsibility: Fire and Police Disability and Retirement system

Mary Jo Markle

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Badges2 The Portland Fire and Police Disability and Retirement (FPD&R) system costs have been a growing concern for Portland. The system has an unfunded liability of over $1.5 billion.  Sam co-sponsored a Council resolution that created a nine-person independent review committee to analyze the FPD&R system, explore potential options and make a recommendation to Council regarding the future of the system.  The committee released their report on December 20, 2005. 

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Milestones

  • Independent Review Committee established by Council Resolution - January 27, 2005
  • Commissioner Leonard introduces Charter amendments to City Council - August 17, 2005
  • Council Work Session on FPD&R - September 20, 2005
  • Council Work Session on FPD&R - December 20, 2005

Posted by Mary Jo Markle on December 19, 2005
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Filed Under 2005 Year-in-Review, Good Government

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