Posted by Lou on May 13, 2016
Brothers and sisters,
Our next general membership meeting will be held on Tuesday, May 24 at 4:20pm in the 3rd floor cafeteria of the 235 Promenade Street offices. The agenda will include a discussion of the summer outing, a report of findings from our trustee and professional financial audits, and any new items that you might have for us.
In the meantime, enjoy this article which describes a $38 million projected increase in revenues by state financial analysts for the current fiscal year and another $9 million for next fiscal year. What it doesn’t describe is using that increased revenue to boost the funding percentage of our pension fund. Guess it’s only OK to worry about the pension funding when it can be used to reduce our benefits.
See you then!
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