Vote No To Pension Cuts For Older Widows And Retirees

Friday, February 21, 2014

To City Councilmembers, 

On Tuesday you will be casting a vote to change our pension. I am a retired captain in the CFD and my COLA will be reduced from 3 percent to 1.5 percent.  I can live with this, but I don't have to like it and I don't like it.   

What I am asking each of you to look at is the COLA reduction for the older widows and the older firefighters and police officers. This is the group of people that the task force dropped the ball on. The changes do increase the minimum widow's pension to $756, but it reduces their COLA from 3 percent to 2 percent. Nothing was done about the older retirees, some making less than $1,300 per month with no Social Security benefits. They are also having their COLA reduced. This group of people are in their later stage of life, mid 70's and older.

I am pleading to you to not vote to take their 3 percent away. They need this in the worse way. Like I said earlier, I can live with my COLA reduction, but this group of people need to have their 3 percent COLA saved. I challenge each of you to try and attempt to live on $756 - $1,300 per month. This group is a small number and should not add a lot to the unfunded liability of the fund. Please show compassion for this group, because the mayor's task force and the Fire and Police Pension Board failed at this, and vote to not reduce their COLA.

Bill Melhorn
CFD Capt. Ret.

Keep Jonathan Welch On The School Board

We all know there are problems with the management of our school system.   Fortunately for District 2, Jonathan Welch is not one of them. In the last four years, Jonathan Welch has become acutely aware of what's wrong in the Hamilton County Department of Education.    He not only recognizes the problems, he's worked to identify solutions, and with a reconfigured ... (click for more)

Time For A Change To Kathy Lennon

Although Roy Exum has accurately identified many of the failings of the Hamilton County Education Department and the school board’s culpability in the mess in recent months, he does not support the majority of Hamilton County’s citizens’ opinion that none of the current members of the school board should be re-elected, but insists that one, Jonathan Welch, should be returned to ... (click for more)

SEC Freezes Accounts Of 2 Chattanooga Brokers Accused Of Diverting $5 Million Raised From Investors

The Securities and Exchange Commission on Friday announced it has won a court-ordered asset freeze to halt an ongoing fraud by two former Chattanooga brokers with disciplinary histories who allegedly raised more than $5 million from investors without using the money as promised.  In an emergency action filed in Federal Court in Chattanooga, the SEC alleges that James Hugh ... (click for more)

Downtown Landmark The James Building Sold For The 2nd Time In 2 Years

A longtime downtown Chattanooga landmark, the James Building, has been sold just two years after trading hands. The former owners of Rivermont Golf and Country Club bought the 12-story office building in May 2014 from Luken Holdings for $5.1 million. Rivermont James Building LLC has now sold the skyscraper for $5,868,000. The sale was to Dew James LLC. Knoxville attorney ... (click for more)

Thompson, Mason Win Scenic City Scorcher With Record Times

(Story will be updated) Saturday was another record-setting day for runners in Chattanooga. The occasion was the second running of the Scenic City Scorcher, a flat and fast two-mile race in Heritage Landing. Christian Thompson and Rachel Mason were overall winners and both did so in record-breaking time.  Thompson was all alone in first with a time of nine ... (click for more)

CCS Names Eddie Salter, Ben Wharton As New Basketball, Baseball Coaches

Chattanooga Christian School announced that Coach Eddie Salter is returning to the men’s basketball program as the Varsity Head Coach for 2016-2017. He will be joined by Chattanooga Christian alumnus, Ben Wharton, who has been named the Varsity Head Coach of the men’s baseball program and the Junior Varsity Men’s Basketball Coach.  Former Varsity Head Basketball Coach ... (click for more)