Sunday, September 18, 2005

Find Another Fool

The rumor reported in Thursday's "Rumors" post appears to be the course the PERB is planning to take according to an email I received this weekend from a well-informed source. PERB seems to think that by stalling any action against "window retirees" for another year, that we retirees will perceive that our "hit" is nominal - i.e. our benefits won't be reduced and they can simply grab what we've already given them in withheld COLA increases. As Portland chanteuse, Rindy Ross once sang, find another fool. I doubt this will sit well with most retirees.

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