Re(2): Florida Supreme Court Oral Arguments IP: 188.8.131.52 Posted on February 12, 2014 at 10:40:16 AM by Fred Urbuteit
I agree with most of your post of the Florida Supreme Court ,s Oral Arguments on the John Parker Law Suit. I heard and understand it basically the same as you did.
However in your statement " if you sue the Pension Board you are suing yourself and other members of the Plan and it will never end well for our Pension" is partially correct.
If John Parker had not sued on our behalf then ALL the participating Beneficiaries would NOT have received the $5700.00 we received ( 1/2 to surviving spouses ). This was proven when the Board paid us.
This appeal is about WHO pays Attorney fees, the Beneficiaries who did not make the mistake or the Board who did ( thus the Insurance Co.) .
Mr. Smith, if you are correct in your opinion that the Florida Supreme Court will uphold the 2nd DCA , then ALL participating Beneficiaries will have to pay approx. 1/2 of the $1600.00 ( 1/2 of $800.00 for surviving spouses ) and that includes the Opt-Outs who signed that they would reimburse the Pension Fund their share, if the court ruled they must pay. Thanks, Fred Urbuteit Replies: