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Coyote
Andy Mondo
Upcoming Events - Location - Dates & Times
Breakfast at The Gem Thursday July 8 @ 8:30
Next Breakfast at Denny’s on Carrier Circle :
Wednesday July 14 2021 @ 8:30
There is a Silver Club Meeting scheduled for Saturday Sep 11 at 9:30 AM
Meetings are the 2nd Saturday of January, March,May,September & November. No Summer Meetings
The Silver Club meetings have moved to
The VFW Post at 6996 E Taft Rd E Syracuse NY 13057
The Silver Club Officers
President: Dick Hollington
Recording Secretary: Kim Hoover
Vice President: Bev Brown
Treasurer: Tony Ori
REMEMBER THESE NAMES AND THE AMOUNT OF MONEY THEY RECEIVE
IT’S COMING OUT OF YOUR POCKET
Mail from Bill King... thanks Bill
On your home page of the Silver Club web site you listed salary increases of a few of the pension employees.
You asked the question of what the salary increases, if any, for 2016. Below listed are those figures as filed on
the 5500 filing for 2016. [Annual Return/Report of Employee Benefit Plan. Pension and welfare benefit plans must generally file the
Form 5500 to report their financial condition, investments and operations.]
Ken Stilwell $128,655. Jessica Hoyt $106,378. Deb Lorcano $46,226.
Jeff Heller 180,614. Donna Shannon 96,296. Shannon Roberts 45,509.
Tom Nana 77,948. Russ Morreale 64,508. Mel Coraese 40,500.
Dawn May 98,887. Francis Kneyka 59,552. Lesley Debuque 35,978.
Jen Miller 88,316. Kristin Allen 57,117. Kim Cunninghan 35,786.
Barb Eckert 99,949. Rose Insalaco 51,024. M. Klinke 30,718.
John Salerno 74,162. Barb Acey 50.949. Bill Arnault 25,106.
Grace Shakainski 95,229. Michelle Deemer 50,038. Don Fuerst * 21,046
Tim Rick 62,795. Robert Kelley 49,022. Shannon Sauter 17,148.
John Tierny 80,229. Paula Curro 48,882. Mike Scalzo 9,034.
John Bulgaro 6,003.
Those salaries listed above equal $1,891,604.00. Let me know if you have any questions.....Bill King
Below are the salaries and raises of pension office employees for years 2009-2015
Any information published on this website is neither approved nor disapproved by the officers of the Silver Club
All information published on this site are the sole responsibility of the owner
Wednesday, June 16, 2021
Next Silver Club Meeting: Saturday September 11, at 9:30 AM
@ The VFW Post at 6996 E Taft Rd E Syracuse NY 13057
Syracuse Area Weather
Wednesday:
Breezy and unseasonably cool with a good deal of sun. High in the upper 60s to near 70.
Wind: NW 6-18+ mph.
Overnight:
Clear, cool, and calm. Lows in the 40s. Wind: Calm.
Thursday:
A good deal of sunshine and seasonable. Highs in the mid to perhaps upper 70s. Wind: WNW 5-15 mph.
From: "Bill King" billking@twcny.rr.com
Subject: HR1319 American Rescue Act of 2021 section 9
Regarding recent legislations dealing with the pension cuts. There is truth to the rumor that there is language in the above named bill under section 9704 dealing with what they call a bail out for pension funds that have implemented cuts, are 40% or less funded, or will become insolvent.
Let our fellow retirees know “don’t spend the money till it is in your hand”
The law states that monies will be available to approximately 124 pension funds and NYSTPF is in that group. There will be up to 86 billion dollars for those funds. A pension fund will need to file an application in order
to get the funds. It could be a lump sum or it could take up to 5 years to get the monies. It was stated it could take 4 months to get the administrative network in place. I attached a pdf file that will give a summary of the package. Finally the pendulum has swung in our direction. I feel very good about what has transpired in the last couple days. We have both legislation and litigation in our corner. I am sure there will be much more to discuss in the near future. After over 3 1/2 years our lives may start getting back to normal. Please let me know if you have any questions or concerns. Fraternally, Bill
Click link below to read more about the Butch Lewis bill recently signed into law by The President
To all NYSPF retirees [ concerning letter sent from NYSPF to retirees on March 17, 2021 ]
After reading this letter several times and trying to determine what information it contains, I have come to the conclusion it is the closest thing you can get to a blank sheet of paper. The trustees have committed to nothing. All they say is they will “monitor the situation”. For all we know they may not even file for the funds on behalf of the participants. In my opinion it seems as though the trustees are intimidated and controlled by the US Treasury. I pray Judge Hertling will move our case forward post haste after the 120 day stay. At that point we will be close to the 4 year mark of pension cuts. It is so painful to see this travesty which according to the U S Constitution never should have occurred.
Saturday:
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FYI: As you know congress gave the PBGC (Pension Benefit Guarantee Corporation) 120 days from March 11th to implement the application form and process. We are now at 95 days in which puts the deadline mid July. Below is the link to get information regarding that process.
I believe this is the best source for us to get creditable information.
I am very disappointed in the lack-luster manor in which our trustees have neglected to keep us up dated. The more fellow retirees know about this web site the better.
Please get this out to as many of our brothers and sisters as possible.
If you have any questions, concerns or suggestions please let me know............Thanks
Fraternally,
New Correspondence Received From Bill King [June 13 2021]