VIDEO: The discontent among the state of Ohio Police and Fire Pension Fund members is understandable. They signed up for jobs that provided pensions and paid health care.
Now, coverage for 8,000 of the retirees has been cut.
Daniel Graham, Communications Director for the fund was asked about the cuts.
“So it wasn’t a promise like the pension is a promise.” He replied “No, the pension is a promise. Healthcare has never been a promise.”
The health plan was started in 1974 and promised members full coverage at no cost for life.
In fairness, the fund is in a tough spot. With health care costs skyrocketing, there was fear that pension monies would be eaten up and legally that can’t happen.
So, the 8,000 became the target to keep pensions for all 28,000.