SFGTV November 19, 2012
You ask me, just sort of comment, on what the employer contribution rate looked like over the years. I dont have the chart in front of me but there were times when the employer contribution rate exceeded 100 of pay. Was in the 60 to 70 . Aside i raised that point because those were years when we do not do alternative investments so the notion that is some sort of panacea to fix the city contribution is just bunk. Also the report indicates that from 2004 to 2007 there were no contributions made to the plan. In fact, from 1998 through 2004, because of the funded nature of the plan, there were no...