City of Tucson to use bond sales to fund public safety retirement system – Arizona Daily Star

City of Tucson to use bond sales to fund public safety retirement system – Arizona Daily Star

“The idea is that the employer puts money into it, the employee puts money into it, and it increases over time through investment income,” said Joyce Garland, CFO of Tucson. “And then you start paying retirees, thinking that there is always someone behind who contributes to the system.” Like local governments across the country, the […]
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