Article 22

Article 22

Article 22:  Forward Funding of the Town’s Pension Assessment (Transfer Article):  This Article would forward fund the Town’s pension assessment from the Middlesex County Retirement System in the amount of $300,000 for the purposes of realizing estimated future savings.  Additional payment of $300,000 for two successive years (of which this is the second) will provide an estimate savings of $1.3 million dollars through full funding in 2035.