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FINANCIAL SUSTAINABILITY PLAN <br />Statewide Pension Issues <br />The LCC report noted options for cities to <br />address these challenges: <br />1.Increase employee pension <br />contributions <br /> <br />2.Create a pension rate stabilization <br />program (Trust) <br /> <br />3.Implement a plan to pay down <br />unfunded actuarial liability <br /> <br />4.Change service delivery methods <br /> <br />5.Consider local ballot measures to <br />enhance revenues <br />FY 2017-18 Mid-Year Budget Update