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Don’t touch our money: Part 2
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Posted on Jun 02 2006
The Retirement Fund is under assault! And I keep waiting for the administrator and board of trustees to take corrective measures to protect its investors, shareholders and beneficiaries. I’ve never looked into how the Retirement Funs leaders acquire their positions. Are they free of political leverage? Do their jobs depend on who is in office? I profess my ignorance on this situation and would appreciate clarity in this matter.
This scheme about the government’s writing off its back payments to the Retirement Fund, attempting to write off its responsibility with CUC, and reprogramming the present policy by making the Fund members responsible for their own retirement plans, without any grandfather or grandmother clause, smells like road kill. A bill has been introduced in the House to start the process by which our retirement system as it is will be destroyed.
I never thought it would happen, but now we have two ways in which a political party and/or an elected official can commit political suicide. A political party or an elected official in any branch of this government can commit political suicide by either introducing a bill for property taxes, or by introducing a bill that endangers the livelihood of this community’s man’amko. And, as far as I’m concerned, the administration, because of its shortsighted, quick fix approach with the economy via the Retirement Fund, is posturing for self-execution. Better they introduce a bill for casino gambling and argue down it negative side effects in hopes of alleviating the financial problems of this community.
Where are the Republicans and Democrats? Who among either party is going to champion the rights of the retirees? If this bill to gut the Retirement Fund comes up for a vote, let’s put a name to all ballots of shame so we will know whom to honor and whom to blame.
Jim Feger
via e-mail
