Report: Five Atlantic County Municipalities Underfunded On Lifeguard Pensions
Five Atlantic County municipalities have underfunded their lifeguard pension plans and face deficits of more than $34 million, the Office of the State Comptroller announced this week. According to BreakingAC.com, Atlantic City, Brigantine, Longport, Margate and Ventnor are named along with Sea Isle City. Under a 1928 law, a “fourth-class” city, identified as one that … Read more