tag:blogger.com,1999:blog-12703782.post1573457742375926435..comments2020-04-11T03:30:02.282-05:00Gary R. Welshhttp://www.blogger.com/profile/15185079937305083438noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-12703782.post-85133383262185696272015-02-25T07:22:57.401-05:002015-02-25T07:22:57.401-05:00Neither PERF nor TRF are adequately funded, but the problem is that the govt created a defined benefit pension in the first place. LamLawIndyhttps://www.blogger.com/profile/06039906566586150323noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-68635887932383787202015-02-25T06:29:36.499-05:002015-02-25T06:29:36.499-05:00We can only hope this is an omen of things to come for Indianapolis.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-4353692697296800412015-02-25T00:47:45.528-05:002015-02-25T00:47:45.528-05:00The problem is most of our recent governor&#39;s should be in prison but our US Attorney&#39;s are worthless as is our local media!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-52810726812804995882015-02-24T23:30:49.478-05:002015-02-24T23:30:49.478-05:00Interesting comment popped up on the Tribune web site in the lower right corner:<br /><br /><i>Indiana doesn&#39;t have red light or speed camera&#39;s, is ranked #3 in the nation and #1 in the midwest for Freedom, Is fiscally responsible, AAA credit rating, 2 BILLION dollar surplus, No pension issues, Doesn&#39;t send its governors to Federal Prison, 40% lower taxes...</i><br /><br />Umm I think PERF (or INPRS) did have a mini-crisis a few years ago - not to the extent that Illinois IMRF has though. Not that long ago Marion County had a pension crisis with fire and police that pre-dated PERF and were paid out of the county&#39;s general fund. If I recall, the police were handed over to PERF with a big one time payment from a bond issue.Sir Hailstonehttps://www.blogger.com/profile/16301073859882785758noreply@blogger.com