Ald. Scott Waguespack (32), top right, addresses Comptroller Michael Belsky, left, and Acting CFO Steven Mahr, second from left, during a finance committee meeting Feb. 9, 2026. [Livestream]

City finance leaders told the City Council Committee on Finance Monday that they intend to make the other half of an annual, supplemental pension contribution in the middle of the year after alderpeople called for a hearing on the city’s decision to split the payment in two, a decision blamed on cash flow issues.