Metro pension costs expected to jump 32%

Published October 13, 2011 4:00am ET



Metro is forecasting a 32 percent jump in pension costs for its next budget, costing the agency an extra $36 million. The transit agency is planning to pay out $112 million to its five pension programs this year as part of its $2.6 billion budget, but it expects those costs to rise to $148 million in next year’s budget.

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