Program adds $1.7 million to police, firefighter pension fund

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Posted: Saturday, February 22, 2014 12:00 am

A three-year-old program that allows Omaha police and firefighters to earn a pension while still working for the city has added at least $1.7 million to the beleaguered police and fire pension fund, a new actuarial analysis found.

The analysis did not examine the program's impact on the city's overall budget. That was a major concern voiced by opponents when the program was created, and there's still no good answer about the broader fiscal impact.

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