Shelley Wright / Saturday, February 28, 2026 / Categories: News & Events Update on Retro Pension Contributions & Re-Calculations Except for members that were subject to a payroll error in the deduction of retro pension contributions (we believe these members have been contacted by the City’s Department of Finance), the Fund has received the deducted pension contributions and is actively reconciling the amount to apply proper credit to each member’s record. The Fund will now be utilizing the new contract wage schedules to calculate all future estimates and annuity grants. For members that retired during the expired contract, we will be recalculating the previously granted benefit using the new contract wage schedules. The Fund’s goal is to have the amended amounts calculated and approved at the May Regular Retirement Board Meeting and any retro amounts that may be due are expected to be included with the May month end payments from the Fund. Active Member Annual Contribution Statements Print 13