That means retirement income security for the men and women of District Council 33 and quite frankly, all of our municipal unions. And Once we do reach that 100% funding of our municipal pension fund, it will free up hundreds of millions of dollars that the city can use to deliver more services to the people of Philadelphia. And that includes every municipal worker who lives and works in the City of Philadelphia. Our defined benefit pension is something that is a thing of the past many other jurisdictions. (10:04–10:21)
CLAIM
Asserts that full funding of the pension fund will free up hundreds of millions of dollars for city services.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
