In this episode, we explore the actuarial side of public safety pensions—a complex yet fascinating topic with far-reaching implications. We take a close look at the steady decline in active membership and the ripple effects it creates, from long-term system stability to the financial health of the City of Baltimore. Whether you're into numbers or just curious about how cities manage their obligations, this deep dive sheds light on an issue that affects budgets, benefits, and the broader public.