Adopt City of Knoxville Pension Funding Policy

A Resolution adopting a City of Knoxville Pension Funding Policy in compliance with the Tennessee Public Employee Defined Benefit Financial Security Act of 2014.(Requested by Finance Department)

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On June 9, 2015, the City of Knoxville, TN City Council adopted “Adopt City of Knoxville Pension Funding Policy” by a vote of 8–0.

Unanimous Adopted 8-0-0-1

Part of Pension & retirement obligations

Adopt a City of Knoxville Pension Funding Policy in compliance with the Tennessee Public Employee Defined Benefit Financial Security Act of 2014.

Moved by Finbarr Saunders · seconded by Brenda Palmer

Topics: Budget & taxes

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The vote as recorded

Absent · 1

Nick Pavlis * District 1

Aye · 8

Duane Grieve District 2 Brenda Palmer District 3 Nick Della Volpe District 4 Mark Campen District 5 Daniel T. Brown District 6 George C. Wallace At-Large Seat A Marshall Stair At-Large Seat B Finbarr Saunders At-Large Seat C

Worked out by us. The names marked * are not in the minutes. The clerk recorded a count of absences without listing who was absent; these members hold a seat and are missing from the roll call.

Public forum

The clerk’s minutes note 3 speakers at the public forum for this meeting.

A sign-up count from the minutes — not a measure of overall public opinion.

Minutes of the 9 June 2015 meeting — page 7

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