Just received a call from ACM Keller, who advised the city was in receipt of the pension restoration costs from their actuary. After meeting with the CM, Keller advised the restoration is not affordable. For those of you who were going to attend and expected something positive, I apologize.
We will be discussing the PBA position going forward.
I do not believe the city is in receipt of the letter from Bob Klausner outlining their legal opinion on the illegal changes made to the pension plan imposed in 2011.
Below is a link to an update on KD and MD/FTF/BK down in the Gables.