[Mpls] Minneapolis teachers' pensions evaporate...(today's Strib)
Dan McGuire
sabier at visi.com
Sun Jan 2 20:42:17 CST 2005
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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