By CHRIS COLLINS
(Greenfield, MA) — The city of Greenfield has taken steps to protect itself from a potential budget buster related to employee pensions. The Greenfield City Council Wednesday night voted to accept a section of Mass. General Laws which allows the community to establish a “Municipal Pension Stabilization Fund.” The council also voted to transfer $1 million dollars in certified “free cash” into the fund, which will be used to offset anticipated expenses related to employee pension benefits, responsibility for which will eventually shift from the state to individual communities.