PENSION PROBLEMS
Police, fire officials reply to Barb Johnson
Minneapolis City Council President Barb Johnson's June 4 letter about the city's financial contributions and position in the recent lawsuit reads more like a fairy tale than history. It sounds good, but it is not reality.
The city has never voluntarily lived up to its public-safety pension obligations. It's a very old story. Our plans were established in the 1880s. Throughout history, our members always contributed what was required of them, but the city rarely did. By 1970, we had only $1.5 million in combined assets and scores of millions in liabilities. By 1980, with the plans only 10 percent funded, the Legislature mandated that the city pay its full obligation. With great investment returns in the 1980s and 1990s, the city was off the hook again by 2000. It paid nothing for several years. Then the stock market crashed and the city was obligated to contribute. The city didn't like that.
In 1995, the City Council and the mayor signed an agreement with us on how to determine pension benefits. For more than a decade, when the stock market was strong, they honored the agreement. But when times got tough, the city went to court to tear up the agreement. Contrary to Johnson's claims, the city did insist on cutting retiree benefits in the lawsuit. The city also asked for a "tax credit" from the plans. The idea of repayment by members came from the judge, not Johnson. Make no mistake: Johnson wants to renege on promises her predecessors made.
Throughout this process we have grown to appreciate what Native Americans have experienced in this country: Make a treaty with those in power, only to have that treaty broken. We now know what it means to speak with a forked tongue.
WALTER C. SCHIRMER, EXECUTIVE SECRETARY, MINNEAPOLIS FIREFIGHTERS RELIEF ASSOCIATION
larry ward, president, Minneapolis Police Relief Association
Doctored cocaine
Domestic drug use has international impact
The Star Tribune performed a useful public service in warning about cocaine mixed with antiworm medication ("Doctored cocaine raises alarm," June 8).
But more could be said. Cocaine is laced with a deeper poison, that of self-deception.