Archive for January, 2011

Line of Duty Disability Pensions

Thursday, January 27th, 2011

I have reported in the past on the high incidence of line of duty disability pensions at the City of Memphis compared to Shelby County and the MLGW.

I went to a City of Memphis pension board meeting yesterday and I found out another reason why the City of Memphis has such a high percentage of (more…)

The Gift That Keeps On Giving- Part Two

Monday, January 24th, 2011

Last week I told you about current and retired City Council members and the perk that they get in terms of you the taxpayers paying up to 70% of their health care insurance forever. The two leaders in this benefit are Tom Marshall and Brent Taylor at $11,214.96 each per year.

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The Truth About Paid Days Off

Thursday, January 20th, 2011

Recently local Shelby County unions issued a statement showing they were ready to give up some paid days off time. However they forgot to mention that this policy was already in place since February 22, 1993 as shown on pages 66 and 67 of the Shelby County Employee Handbook. Therefore they were (more…)

The Herenton Legacy of Mismanagement

Wednesday, January 19th, 2011

The following story illustrates the difference between how the City of Memphis has been managed over the last 20 to 30 years versus the Shelby County government. I recently asked the City government, in an open records request, for the health care cost that the City of Memphis is paying (more…)

Vesting Period and Sick Days Usable at Retirement

Wednesday, January 12th, 2011

I know you must be getting tired of comparing pension and retirement features of Memphis, Shelby County and the MLGW against our sister cities and utilities across the state. I also plead fatigue but I have a few more days (more…)

The Gift That Keeps On Giving

Monday, January 10th, 2011

We are just past the Christmas season and even Joe Saino (known by his children as “The Grinch”) is filled with the giving spirit. (The attached picture is of a banner drawn by one of my daughters which hangs on my office door). Therefore I filed an open records request to see what gifts I and (more…)

More Information on Reasons We Need Reform

Thursday, January 6th, 2011

A few days ago I sent you information on Paid Time Off and Retirement Age at the City of Memphis, Shelby County and the MLGW contrasting what we do here to what happens in Nashville, Knoxville and Chattanooga.

As promised today I am sending information on Cost of Living Adjustments (COLAS) and Benefit Computation.

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It Is 2011 and Time for Reform

Wednesday, January 5th, 2011

All over our great country there are budget problems at the federal, state, county and city levels and the need for educational reform. For several years I have pointed out local problems with unfunded liability in public pensions and particularly in OPEB unfunded liability (health care cost for (more…)