The Chamber Board of Directors encourages members to vote “NO” next Tuesday, and renew pension funding for Springfield Police and Firefighters.
The decision we make on April 8 will have a huge impact on safety, an issue which affects every business and every employee in our community. It’s important that voters know the facts:
- All of the promises the City made related to this sales tax have been kept
- As of July 2013, the plan was close to 70% funded - a significant improvement from the 40% funding level in 2009
- The fund must reach 100% because it is a closed plan with no new employees paying into it
- Without revenue from this tax, the City would have to contribute an additional $9 million each year to the fund, which would mean cuts to public safety, the elimination of neighborhood police patrols and intermittent closure of some police and fire stations