>From last night's presentation, it was apparent to me that today's problem is primarily the result of conscious decisions made by city council. The council continually chose not to fund the pension when it was already in a less than ideal position, moving it into the terrible position it is in now. As Mr. Burris stated, it is impossible to bind future council's to not make the same mistakes. For this reason, the primary solution, has to be first electing city council members who will make the right decisions and then continually reminding the council that it had better make those decisions right. No matter how large or small of a tax we levy, if council continues to make the management decisions it has in the past, the city will eventually go bankrupt. For this reason, electing good city council members should be the citizens' primary objective in the battle to fix the pension fund.
On that same note, the sooner police and fire pension is moved to a system like LAGERS, the better. Then council would not have the option of not funding the plan. With the ability to make the situation worse removed, we can focus on fixing what we've already broke and not end up watching one end fall apart while we try to put the other end back together. --~--~---------~--~----~------------~-------~--~----~ This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. If you do not, you will be here forever. -~----------~----~----~----~------~----~------~--~---
