Affords certain members of the fire department pension fund with new or increased pension benefits for each year of additional service beyond their required minimum service

The estimated cost to the city increased significantly, with the first year of impact shifting from 2026 to 2027 and the total projected cost rising from $127.8 million to $159.3 million.

The long-term cost for new employees entering the system after 2051 increased from 4.04% of their salary to 5.29%.

The actuarial present value of the pension liability increased from $1.3 billion to $1.69 billion based on updated data from June 30, 2025.

The number of active members in the pension system was updated from 10,691 to 11,178, and the average years of service decreased from 13.7 to 13.1 years.