Monday, May 13, 2013

City Employee Retirement Plan Rip-off

Update: In fairness, in the linked article, Mr Hartzman writes several times that the fault does not lie with the City of Greensboro. Some days I just have a bad attitude. Begin original post.

George Hartzman, former Vice President/Investments Fundamental Choice Portfolio Manager, Wells Fargo Advisers, shows City of Greensboro employees how they are being ripped-off by their 457 Retirement Plan and how they could be getting a raise at no additional cost to taxpayers.

Don't we hire experts to take care of these things? Apparently the management of the City of Greensboro is no more concerned about City employees than they are about those of us who pay to keep you on the job.

You know, Greensboro could sure use some of that money being spent right here in our community...