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This page contains a single entry from the blog posted on January 17, 2006 4:58 PM. The previous post in this blog was Victory over Ashcroft. The next post in this blog is That's not a trout, son. Many more can be found on the main index page or by looking through the archives.

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Tuesday, January 17, 2006

City Club on bluecoat pension system: Blow it up and start over

The City Club of Portland has published its latest report on the Portland police and fire retirement and disability system. Lots of dire warnings in there about the current system running the city into the ground financially. The report's bottom line: Get rid of the current system gradually over the next 30 years; and don't let any new hires into it, starting now.

The whole thing is here.

Posted at 4:58 PM | Bookmark and Share

Comments (3)

Never thought I'd say this about a City Club report, but, spot on. The current system is unsustainable. We need to convince the younger safety officers that reform is in their future best interest.

Posted by Dave Lister | January 17, 2006 5:30 PM

Dave,
Was that an ad hominem attack on Randy Leonard?

Posted by Erik | January 17, 2006 6:41 PM

No, it wasn't. Neither Randy nor I have any control over the fact that we are old codgers.

Posted by Dave Lister | January 18, 2006 8:23 AM




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