The unfunded pension liability of Novi, MI was $37,680,847 in 2017.

Unfunded Pension Liability

Unfunded Pension Liability Per Capita

Pensions are the accounts used to pay for retirement benefits for former government employees.

Unfunded Pension Liability is the difference between the current assets plus projected investment returns minus the total of all projected employee payments.

Unfunded Pension Liability Per Capita is the unfunded pension liability per resident.

Above charts are based on data from the MICommunity Financial Dashboard | ODN Dataset | API - Notes:

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