Some Newport Beach city employees will contribute more to their pension costs, the city announced Tuesday, as City Hall and non-public safety unions agreed on a new contract.
Amid looming unfunded pension obligations, the city sought concessions from its engineers, parks and recreation staff members and others. On Tuesday, City Council approved the contracts, which means staff will pay 4.6% more for their retirement costs and will forgo pay raises in 2011.
"The private sector saw great impacts in the recession, and so now has the public sector," City Manager Dave Kiff said in a statement. "We still have more to do at the city, but I appreciate the represented employees' stepping up here."