Why has the 185 Fund overpaid some and not paid others?
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  1. #1
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    Why has the 185 Fund overpaid some and not paid others?

    I heard this fund has not paid a retiree in years and can’t pay retirees today. Where is our money going?

  2. #2
    Unregistered
    Guest

    185 Fund

    Not sure, but I think a deal was cut to improve the police pension and the trade-off was the city gets to apply 185 to fund the improvements.

  3. #3
    Unregistered
    Guest

    The board has a fiduciary obligation

    The board is liable for mismanagement and fraud.

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