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Firenze Sage: We’re broke but it’s ok…[Detroit]

The city of Detroit may be facing a deepening financial crisis but that hasn’t stopped four trustees of its public pension funds from spending $22,000 of retirement system funds to attend a conference in Hawaii this week.

John Riehl, a senior sewage plant operator and 34-year Detroit employee, is one of the four. The cost fell within continuing education guidelines set by the legislature, he said.

“It’s one of these things we trustees must do to stay on top of the field,” Riehl said. “It’s important that we participate in these conferences. The stakes are too high.”  More information. 

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Firenze Sage:  This is definitely it: A class in how to spend other people’s money. [taxpayer tab is  22K]  jaj48@aol.com

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