Was TRS’s Ingram telling a lie then? Or now?
Richard Ingram has been Teacher Retirement System Executive Director for a year.
For a year he has communicated to TRS members that the system of solvent and that the issue of reducing benefits was not on the table.
Then the press reported a memo by you claiming that the system is threatened with insolvency by 2029 and that benefit reductions need to be considered in light of a “new reality.”
Retirees and pension activists Patricia and Richard Bryan point this out in a letter to the TRS Board of Trustees and to Ingram in a letter that was forwarded to me. I reprint the entire letter at the conclusion of this post.
Take the time to read it.
The Bryans ask, ”Mr. Ingram, have you been telling the truth about our pension fund’s position all along, or did
For a year he has communicated to TRS members that the system of solvent and that the issue of reducing benefits was not on the table.
Then the press reported a memo by you claiming that the system is threatened with insolvency by 2029 and that benefit reductions need to be considered in light of a “new reality.”
Retirees and pension activists Patricia and Richard Bryan point this out in a letter to the TRS Board of Trustees and to Ingram in a letter that was forwarded to me. I reprint the entire letter at the conclusion of this post.
Take the time to read it.
The Bryans ask, ”Mr. Ingram, have you been telling the truth about our pension fund’s position all along, or did
