City Manager Greg Burris will hold a news conference today at 2:30. He will be discussing a proposal to address the growing shortfall in the Police/Firefighters' Pension system.
The news conference will air live on TV23. The video and Powerpoint will be linked at City Connect after the news conference.
The Pension Board has created a new Web site making available background information about the Police Officers' and Firefighters' Retirement system.
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I did not watch the whole 56 minutes, but it looks like Mr. Burris has it all figured out.
An extra 40 million a year will solve the problem. Wall Street will watch over the money from there, as Barney Frank makes a few changes to better serve us.
The sooner the sun rises on this problem the sooner it will set.
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