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0111EB PENSIONS - OEPJUfflENT #163 <br /> <br />City Hall - Room 103 <br />455 Main Street <br />Worcester, Massachusetts 01608 <br />(508) 799-1062 <br /> <br />Departmental Overview: <br /> Thc City Council grants Annuities to widows of pre 1939 employees under [[ <br /> Chapter 670 of the Acts of 1960, M. G. L. Chapter 32 S95A. In order for a widow <br /> to be eligible, her spouse, the former employee, must have had a minimum of 1 <br /> years of service, and have had no fights under the law, to designate a surviving <br /> efit to~ their spouse. <br /> <br />BUDGET SUMMARY INFORMATION <br /> <br /> EXPENDITURES <br />Police / Fire Annuities <br />Other Annuities <br />Total Fringe Benefits <br /> <br /> FUNDING SOURCES <br />General Funds <br />Total <br /> <br />$11,119.56 <br />29,473.23 <br /> <br />$11,124.00 <br />27,204.00 <br /> <br />$40,592.79 $38,328.00 <br /> <br />$40,592.79 $3828.~~ <br />$40,592.79 $38,328.00 <br /> <br />96503 <br />96504 <br />96000 <br /> <br />$11,453.00 <br />20,771.00 <br /> <br />$32,224.00 <br /> <br />$32,224.00 <br />$32,224.00 <br /> <br /> FISCAL 2005 BUDGET OVER VIEW <br /> <br />Expenditures: <br />The total budget for other annuitants is projected to decrease from $38,328 in fiscal 2004 <br />to $32,224 in fiscal 2005, a decrease of $6,104. This decrease is a result of fewer <br />retiree's spouses receiving pension benefits. <br /> <br /> CITY OF WORCESTER FISCAL 2005 ANNUAL BUDGET <br /> <br />Page l <br /> <br /> <br />