City Manager Troy's Kansas City Pension Plan
A new hope for Kansas City's old and busted finances: "City manager Troy Schulte presented an update of the highly-debated pension reform proposal to the finance committee Wednesday."
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6 Comments:
New plan doesn't have to be in place until May 1, 2013?
Plenty of time for under-the-table deals and behind -closed- doors folding by the council.
This will be another example of having the PR of a pregnant elephant and delivering a baby mouse just like the big deal with the KCFD that resulted in the retirement of all of 30 people.
And the taxpayers always lose.
Shut the fuck up 2:04! Why dont you try public service and put your life on the line on a daily basis. Go ahead, apply either to KCPD of KCFD you punk!
So the city is making a rule that it has to pay its REQUIRED contribution. Jesus H. No wonder those pension plans aren't funded right. The city hasn't been paying its share into them apparently.
Yeah they haven't been paying their share for quite sometime. The city pisses money away on bullshit...ie the toy train, but then denies to pay benefits to retired folks that worked theirs asses off for 30 years. Good plan city gov!
5-3-2 is dead on. Troyser, of course, is using exotic vocabulary, but the reality is, the ARC, is the portion of the obligation that is the City responsibility and one that now becomes a shared sacrifice because 29 has been spending like a drunk sailor. Share this.......
The city wants to steal the money, haven't paid into the system and black mailed everyone with empty promises. Only a rube would back this as Troy is lying to you and the Star will do any kind of favor to make you believe otherwise.
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