Per a recent audit of lifeguard pensions for six municipalities - Atlantic City, Brigantine, Longport Borough, Margate City, Sea Isle City, and Ventnor City – the cost is $37 million, according to actuarial estimates. Of that amount, $34.2 million is unfunded in the pension funds maintained by those municipalities, which means today’s and tomorrow’s taxpayers will be responsible for funding pension obligations that have accrued over past decades. The remaining six municipalities likely face liabilities in the millions, if not tens of millions.