Pension talking points. « Fred Klonsky

Pension talking points. « Fred Klonsky:

Pension talking points.

by Fred Klonsky

As we have battled for our pension rights over the past year, we have used the basic talking points provided by the IEA:

• Any changes to TRS must be constitutional.
• Any changes must bring financial stability to the system.
• Any changes must be fair to members.

These have been good. But not enough as we head into an August House session in Springfield and a veto session of the General Assembly following the November election.
Following discussions with many TRS members around the state, let me suggest these:

• We reject any plan that treats this as a benefit problem. It is a revenue problem.
• The attack on benefits will have serious consequences for the economy of the state. A cut to TRS