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."



Users Of New Riverwalk Section Can Use App For Trail Information, History

Users of the new Tennessee Riverwalk section between Ross's Landing Park and St. Elmo can use a mobile device app to get information and history about the trail. Dan Saieed, of the county development department, said a $49,425 grant was secured to cover the cost of the app. It will be developed by the Neo Tech firm and ready when the new section of trail by the Tennessee Riverwalk ... (click for more)

Chattanooga Police Investigate 6 Robberies, 20 Burglaries May 19-25

The Chattanooga Police Department investigated six robberies and 20 burglaries in the period of May 19-25. Robberies were at: 5420 BRAINERD RD 5/19/15 0:30 120 120 ROBBERY 4 37411 100 W 20TH ST 5/20/15 1:36 120 120 ROBBERY 1 37408 510 CENTRAL DR 5/21/15 23:00 120 120 ROBBERY 4 37421- 2200 Cleveland Ave 5/25/15 14:58 120 120 ROBBERY attempt 4 37406 1519 ... (click for more)

Erlanger Electronic Medical Records Purchase Doesn't Add Up - And Response

Erlanger has recently announced their decision to purchase a $100,000,000 Electronic Health Information System. Something smells. Erlanger's downtown campus has 760 licensed beds, according to hospital-data. That would equate to $131,578 per bed for this system (now that's a lot of ipads). Please re-read that simple math. I use to manage an Electric Medication Administration ... (click for more)

Roy Exum: General Boykin Helps ‘Warriors’

General W.G. “Jerry” Boykin is one of the most fabled warriors in modern-day warfare. He is also one of the most polarizing men who has ever served his country. General Boykin, retired after 36 years as a soldier, spent 13 years in the secretive Delta Force. At one time he commanded the Green Berets and was in one some pretty impressive engagements. In 1980 he was in on the ... (click for more)

Harris Leaves Tyner For Administrative Job At Dalewood Middle

Long-time Tyner Academy boys basketball coach Gerald Harris has resigned his coaching position to accept a job as assistant principal at Dalewood Middle School. Harris, 49, was offered and accepted the administration job last Friday and met with last year’s team on Tuesday to break the news to those players. “I’ve been coaching a long time and I’ve said goodbye before,” ... (click for more)

Randy Smith: Giving With A Cheerful Heart

Recently a program was started called, "Dining Out For Life," benefitting people who are affected by HIV. Tonight  several local restaurants will be partnering with Chattanooga Cares to raise money to support the organization's nutrition assistance program. There is a big need for fresh fruit and vegetables and the funds raised this evening will go to support that need. ... (click for more)