Retired educators now receive 1.5 percent increases automatically each January and July, according to the Teachers Retirement System of Georgia, which manages retirement funds for 75,000 retired members and 272,000 nonretired educators.And this is from a press release put out by the Democratic leadership (House Minority Leader Dubose Porter and Caucus Chair Calvin Smyre) yesterday at lunchtime:
But Gov. Sonny Perdue has asked the system's board to consider approving - or not approving - those increases each May.
We stand with teachers and retirees and in strong opposition to the proposal to slash COLAs because it is wrong.I wish I could remember the other issue, but this is at least the second time in the last few months where the Dems put out a release a good while after the issue broke. With these COLAs they waited one day short of a full two weeks.
Anyone got any insight into why they'd wait so long?