Terry Knowles Disappointed Mayor Formed Pension Task Force Rather Than Work Directly With Pension Board

Saturday, July 27, 2013

Terry Knowles, president of the Chattanooga Fire and Police Pension Fund, said Saturday he is disappointed the Mayor Andy Berke chose to form a Task Force on the pension issue "rather than work directly with the Pension Board to address the city’s concerns with our fund."

Mr. Knowles said, "While I still believe the Task Force is not necessary at this time, the Board looks forward to working with the Task Force and participating in these important discussions about our Plan and the impact possible changes will have on Police Officers, Firefighters and their families.  

"It’s our hope the Board will have greater representation on the Task Force so we can ensure this process is a collaborative effort that operates in an open, transparent and fair manner rather than one with a predefined outcome.”

Concerning changes made to the Fire and Police Pension Fund in Lexington, Ky., Mr. Knowles said, "When you look at Lexington, it’s important to realize the city issued approximately $105 million of pension obligations bonds (2009 and 2010) prior to making any reforms to the pension plan.  

"These bonds, along with a series of pension reforms and a higher annual contribution from the city, are the reasons why Lexington was able to make immediate improvements to the Plan’s funding status."



Latest Hamilton County Jail Booking Report

Here is the latest jail booking report from Hamilton County: ASHWORTH, JESSE ANDREW  1267 LEASIDE LANE HIXSON, 37343  Age at Arrest: 30 years old Arresting Agency: Federal Marshall Booked for Previous Charges or Other Reason(s) --- BALLEW, JEFFERY LAMAR  1506 MULBERRY STREET CHATTANOOGA, 37404  Age at Arrest: 48 years old Arresting Agency: ... (click for more)

Worker Dies At M&M/Mars Plant In Cleveland

An employee of the M&M/Mars plant in Cleveland, Tn., died on the job on Thursday night. The Tennessee Occupational Safety and Health Administration was investigating. The plant is on Peerless Road. (click for more)

Save Coolidge Park - And Response (2)

Last Monday morning while at work a good friend messaged me concerning a matter that I had not heard anything about dealing with Coolidge Park and its future. Apparently that night the City Council was to read an ordinance that would allow the mayor to start negotiations with the relocation of the Medal of Honor Museum. This ordinance would enable the city to lease approximately ... (click for more)

Roy Exum: Tipping The Preacher

I got an unusual telephone call the other day from someone I love who asked my help in solving one of life’s delicate mysteries. It is a tough question: “How do you tip a preacher?” In the first place, you never tip a preacher. It’s the preacher who gives out the tips, helping to keep you on the straight-and-narrow in your quest to waltz through the Pearly Gates. But there are ... (click for more)

Memorial Service For Lynn Trent is Sunday June 26

 “To all who knew Lynn this (his death) is truly sad news. My friendship with Lynn goes back to the 70's.I was always the better for having seen Lynn on any trip home and know no one more dedicated to or who loved the Mocs any more than Lynn.” UTC Alum and Actor Dennis Haskins   We have lost a friend. Actually a great friend. One who was dedicated ... (click for more)

Red Bank Stays Unbeaten With Win Over Waterdogs

The Red Bank Gators are now a win away from claiming first place in the White division of the Chattanooga Area Swim League. Facing the Waterdogs from Cleveland in a battle of unbeaten teams at Red Bank Thursday night, the Gators clinched at least a tie for first place with a 403-366 victory in a meet that was much closer than that 37-point margin might otherwise indicate. ... (click for more)