Glendale managers to pay more for healthcare and pensions to help city balance budget
Faced with a projected budget shortfall of about $18 million, Glendale city managers and department heads have agreed to pay a bigger chunk of the city's rising tab for employee healthcare and pension plans.
The move is expected to save City Hall about $760,000, the Glendale News-Press reported.
The Glendale Management Assn., which represents about 250 city employees, voted this month to approve a one-year contract that includes managers' footing the entire annual increase in healthcare premiums and paying a larger share of the city's obligation to the state pension system.
The City Council is expected to ratify the contract, which association President Dave Cole said was approved by 94% of the voting membership.
"I am very proud of all of the managers who stepped up and gave back to our great city in these tough times," he said in an email.
The deal is expected to save about $570,000 next year, with similar concessions from department executives pushing total savings to $760,000. Officials said roughly half of that will have direct bearing on the General Fund budget, which pays for basic public services like parks and libraries.
City officials have asked for millions in employee salary and wage concessions this year to help close the city's budget gap.
-- Melanie Hicken, Times Community News