Lawsuit filed against City for using Fire Pension funds to balance the budget, Fire Fighters outraged
The Seattle Firefighters' Pension Board filed suit against the City of Seattle in King County Superior Court (No. 26-2-36947-0) for closing the Firefighters' Pension Actuarial Account and redirecting its balance to ease the General Fund. It asks the court to declare that the City cannot unilaterally terminate the Actuarial Account, and cannot use statutory pension money for purposes other than those set out in chapter 41.16 RCW. Proposed Budget p. 701
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