Joe Rose reports from the Trimet board meeting that Mcfarlane and his henchmen have succeeded (pending union members approval which looks pretty certain) in trimming the OPEB by 37% with this ATU757 concessionary contract.
As we've reported right here the goal of the Trimet executives is to cut 50% of the OPEB. They are off to a pretty good start.
(I bet this is gonna translate to nice fat raises or bonuses for Mcfarlane and his henchmen)
(I bet this is gonna translate to nice fat raises or bonuses for Mcfarlane and his henchmen)
#trimet labor proposal would “bend” $950m in unfunded retirement benefits down by reducing payout by 37% @atu757pdx pic.twitter.com/2ejx7L6BWu
— Joseph Rose (@pdxcommute) October 22, 2014
1 comment:
Now that I am looking at that chart that is a hell of a lot more than 37% over time.
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