Sunday, April 1, 2012

TRS’s Dick Ingram scares the shit out of people. « Fred Klonsky

TRS’s Dick Ingram scares the shit out of people. « Fred Klonsky:


TRS’s Dick Ingram scares the shit out of people.


A leaked memo by TRS Executive Director Richard Ingram has caused a flood of concerned emails into my inbox this weekend.
Ingram is predicting insolvency for the teacher pension by 2009.
And what is scaring retirees is his threat that reduced benefits to retirees was a likely solution.
First of all, Ingram seems to view things a little too much as a benefit problem and not a funding problem.
When he spoke to the IEA RA a few weeks back, I believe he was

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