Hi Everybody, I am a candidate for our local City Commission. The City Manager briefed me on a plan to hose the police retirees on their healthcare and pensions, claiming that the city lost so much in the stock fund that supported the plan that they "have to".
But - the replacement plan has a front load that will make it *more* expensive for the first couple of years. Also, if the stock market rebounds the original plan would be better? What are the chances of stocks coming back? -- Regards, Pete http://pete-theisen.com/ http://elect-pete-theisen.com/ _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/4ce15318.5050...@verizon.net ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.