Carol Becker writes: > Michael Hohmann asks: > > ".....when will our public pensions be converted from defined benefit > to defined contribution?"
As to Mr. Hohmann's question about public pensions changing from defined benefits to defined contributions, that would be an issue to be negotiated between the city and its unions. Carol Becker Longfellow With the exception of less than a half-dozen former City employees who were grandfathered by legislative action when the MCDA was created, MCDA employees are in a defined contribution plan. Jack Kryst King Field -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-== "Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius -- and a lot of courage -- to move in the opposite direction." - Albert Einstein TEMPORARY REMINDER: 1. Send all posts in plain-text format. 2. Cut as much of the post you're responding to as possible. ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Unsubscribe, Digest, and more: http://e-democracy.org/mpls
