there overlap between the retiree care so they are a different fiduciary board and so there's no over laptopoose funds for retiree health care. >> yeah. >> their two different trusts this trust gets money in every year and used to negotiate the rates and benefits assume your 99 percent of the money a large percent of the money gets spend o spent on member premiums every year the city in 2008, through prop b because the city a had been going as a pay as you go and over the next couple of years you know the retiree health care costs are close to 6 percent of payroll probably to 10 percent over the next several years they've decided they negotiated with labor. >> way to prefund the city's obligations to pay for retiree health care so they created the hocking trust fund and have a mandatory member contributions and recently they adapted the last charter amendment with some exception any expenditures is not projected to be fully fund until 2044 we have time and there are no - again get back to the policy you know obviously you know it has to - what is persistent has to take into account the obliga

there overlap between the retiree care so they are a different fiduciary board and so there's no over laptopothose funds for retiree health care. >> yeah. >> their two different trusts this trust gets money in every year and used to negotiate the rates and benefits assume your 99 percent of the money a large percent of the money gets spend o spent on member premiums every year the city in 2008, through prop b because the city a had been going as a pay as you go and over the next couple of years you know the retiree health care costs are close to 6 percent of payroll probably to 10 percent over the next several years they've decided they negotiated with labor. >> way to prefund the city's obligations to pay for retiree health care so they created the hocking trust fund and have a mandatory member contributions and recently they adapted the last charter amendment with some exception any expenditures is not projected to be fully fund until 2044 we have time and there are no - again get back to the policy you know obviously you know it has to - what is persistent has to take into account the obli