Reed Ups Pressure on Pension Reform

May 26, 2011  |  

(AJC) —  In his most direct and blistering appeal yet, Atlanta Mayor Kasim Reed warned the City Council that if it did not agree on changes to the city’s pension system immediately, it would have to answer to angry voters when services are cut and city workers are laid off.  A clearly agitated Reed said he has grown tired of waiting on the council to make a decision on the measures he has proposed to reduce the city’s $1.5 billion unfunded pension liability. He is also frustrated that the council is considering pushing a decision on changes back to Sept. 30. He prefers a June 30 deadline, which would coincide with passing the city budget.  “Enough is enough. It would be a huge mistake not to deal with pension reform right now, before June 30,” Reed said Wednesday afternoon at a hastily called news conference. “The council needs to vote up or down so we can end this and not end up firing people. Critical services are now being placed at risk.”

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