Sentences with phrase «city actuarial analysis»

And after a city actuarial analysis found New Yorkers are living longer than they used to, the city is now planning to spend an additional roughly $ 600 million a year to help fund its pension obligations.

Not exact matches

Unfortunately, although the city obviously was able to calculate a figure, the state comptroller's office did not provide a comprehensive actuarial estimate or analysis of the bill; the fiscal note merely describes the potential added contribution rate per employee.

According to the comptroller's analysis, the city's pension contributions from 2000 to 2010 were $ 31.6 billion higher than would have been expected under pre-2000 benefit levels and actuarial assumptions.