Innovative Pension Financing Plan Would Save Taxpayers Millions

Keeping to a long-standing practice of finding creative solutions to protect the City’s taxpayers, Mayor Koch is pursuing an innovative proposal that will save tens of millions dollars by changing how the City pays for its outstanding pension costs. The City has more than $400 million in outstanding pension costs, primarily costs associated with retirees…

Mayor: Quincy College is City’s “Greatest Force for Equality”

In his annual State of the City address, Mayor Koch outlined a bold vision to secure the future of Quincy College, calling it the City’s “Greatest Force for Equality.” In the speech, the mayor called for a renewed local commitment to grow the school, including new and expanded programs, financial assistance, and ultimately the school’s…