The same consulting firm that’s working with the pension board is now going to be reviewing the city’s troubled pension plan.
Common Council approved retaining A-O-N Consulting to take over for Morneau Sobeco. A-O-N is currently the actuary for the pension board which makes Deputy Mayor Stephen Chase think a conflict of interest may occur. Councillor Bruce Court, who sits on the pension board, doesn’t think that will be the case. The motion was passed by council with Chase and Councillor Bill Farren being the only nays in opposition.
