What was the Independent Committee on Employee Retirement Benefits and what did they find?

In 2019, the City Council’s ad hoc Pension / Other Post-Employment Benefits (OPEB)  Committee , which included Mayor Phillips and Councilmember Gamblin,  formed an advisory committee, referred to as the “Independent Committee on Employee Retirement Benefits” to review and prepare a written report that included an analysis of the options available to the City to further our pension/OPEB reform goals. The 2019 report, which was presented to the City Council at the August 5, 2019 meeting, was a follow-up to an earlier report from 2014 regarding the same topic.