The City will be meeting with State mediators to attempt to work out an agreement with the public safety bargaining units. Being in the midst of negotiations, the City did not disclose points of disagreement. However the 2011 Municipal Tax Revenue Committee (MRTC) along with the Budget Advisory and Financial Planning Committee have
pointed out the need for significant changes in compensation for all Piedmont employees. Recently, certain employee groups have agreed to reducing pension provisions for new employees, creating a “2-tier” pension plan, and contributing $100 per month to their underfunded retiree health benefit . These new provisions are intended to provide budgetary relief in future years. The City currently faces $40 million of unfunded pension and medical benefits.