Re(4): What to do? IP: 68.56.62.95 Posted on March 9, 2009 at 03:25:33 AM by J J Oliva
Jerry, I think alot of us have the same questions. As for what arrangement Parker had/has with his attorney it was stated by Mr Ribaya at one of the pension board meetings quite a while back that Mr Thomas was working on a contingency basis. As for the 100/150 held out of our 2004 cola check I agree with you that is our money, now just as it was in 2004. Therefore must be paid to us. As of now I plan to opt out. I am not going to pay a dime to assist Mr. Parker in compensating his attorney. I also can't see how the pension board can avoid paying interest on the 2004 cola check. The only question that this parker lawsuit is asking is the percent of the interest to be paid and nothing else. I believe that he pension board conceded at the time the cola check was authorized that interest would be paid to all entitled pensioners and drop participants the only question remaining was if the interest was going to be calculated at the state mandated rate or at the actual rate earned by the fund. I can't see anyway that the pension board can deny any of us our remaining entitlement.