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Tuesday, April 3, 2012

The Ingram Shift « Fred Klonsky

The Ingram Shift « Fred Klonsky:


The Ingram Shift


H/T to Bob Haisman whose Pension 101 emails provided most of the following information.
A year ago, TRS Executive Director Richard Ingram was singing a different tune when it came to TRS sustainability.
There were hints of a shift when he spoke to the IEA RA a few weeks ago.  He began his talk to the delegates with references to his friends in the Civic Committee. The Civic Committee is among those leading the charge against public service employee pensions.
Now he is suggesting that cuts to current retirees may be needed. Perhaps an