Union representatives have been digging in their heels on being compensated for lost wages incurred while sitting on the board. Mayor Mel Norton tells CHSJ News the city employees were not seeking compensation; on the contrary, the city is sensitive to every additional dollar being paid out of the beleagured plan.
Norton says trustee will now receive up to $700 daily for the lost wages, which will come out of the pension plan. That figure is considerablt less than the $1,500 requested in the initial document received by counsel.
This snag is the most recent in a series of revisions to the Declaration of Trust, including caps on travel expenses for job-related training.