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Flaw found in (Ohio Gov. John Kasich's) proposed pension shift

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upstatecajun Donating Member (511 posts) Send PM | Profile | Ignore Fri Mar-18-11 06:59 AM
Original message
Flaw found in (Ohio Gov. John Kasich's) proposed pension shift
Source: Columbus Dispatch

Friday, March 18, 2011 03:06 AM
By Darrel Rowland

THE COLUMBUS DISPATCH


Gov. John Kasich's plan to dock public employees another 2 percent for their pensions could upset the fiscal health of the state's pension systems and force at least some of them into noncompliance with Ohio law.

"There would be a loss for the pension funds," said Aristotle L. Hutras, director of the Ohio Retirement Study Council, which advises state and public officials.



Read more: http://www.dispatchpolitics.com/live/content/local_news/stories/2011/03/18/copy/flaw-found-in-proposed-pension-shift.html?adsec=politics&sid=101



True Headline " Gov. John Kasich's proposed pension shift Brakes Ohio Law








http://www.facebook.com/pages/The-Liberal-Ohioan/195130570504421


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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-18-11 07:36 AM
Response to Original message
1. Republicans are not good at saving money.
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we can do it Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-18-11 07:47 AM
Response to Original message
2. I Think It Is An Intentional Loophole To Make the Pension Funds Insolvent
you know that's the big prize, don't you?
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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-18-11 07:58 AM
Response to Original message
3. Folks of Ohio, tell me, is it soup yet?
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yellowcanine Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-18-11 08:08 AM
Response to Original message
4. The flaws were never "lost". More accurate title: "Denial of reality in pension plan pointed out."
It's time the press stops cleaning up for these bozos. The press reports the Republicans saying "up is down" and than presents the "alternative Democratic view" that "up is up".
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-18-11 09:23 AM
Response to Reply #4
6. GOOD one, yellow!
:thumbsup:
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Old Codger Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-18-11 09:22 AM
Response to Original message
5. Not A Flaw
An "Undocumented feature"
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