On Friday approximately 40 members attended the back drop workshop at City Hall. The purpose was to have the benefits of the back drop explained by the plan creator, Mike Tierney, the cities actuary. Also present was Jose Fernandez and Todd Green who flew in from Atlanta. They are the Hollywood Police Pension Funds actuary. PBA attorneys Mike Braverman and Julio Gonzalez along with the Hollywood Police pension plans attorney, Allison Bieler.
Most of you are aware of the results of the meeting however City Hall reported to several Commissioners that the workshop had a positive perspective.
As soon as the pension language is drafted on the Back Drop it would be beneficial to have Allison do a seminar to better explain the benefits of the plan in lay terms.
It is apparent we will have to go back to the table on several issues which were discussed between Ryder and Braverman.
Mr. Ryder does not return from his vacation until June 3.