Re: [Mpls] Minneapolis teachers' pensions evaporate...(today's Strib)

[Dan McGuire]

I had a number of email discussions with Mr. Knoblach, from St. Cloud, 
last session.  I was trying to get him to tell me why he was so 
interested in the MPS teacher's pension fund.  He said it was because he 
was on a finance committee and he cared about everybody in the state.  I 
suspect he has other, unstated motives;  I'm hoping your upcoming piece 
will reveal some of those motives.
Dan McGuire
Ericsson

David Brauer wrote:
Also from the story:
Officials overseeing the Minneapolis fund blame inadequate state
contributions for its conditions. They say that the deficit was only $76
million when the state took over the employer's contribution in 1975.
Look for a longer analysis of the teachers' pension problem in the upcoming
Southwest Journal...it's not as simple as some make out...
 


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