As the Governing Board enters into 2006, it is interesting to note that they do so with the fifth revision of the Constitution and By-Laws that was approved late in 2005. Also their President, Don Beets, is wearing a second hat. He recently won the retiree position on the Board of Trustees of the City of Cincinnati Retirement System.
In this dual roll he is in a position that should be of great value to the retirement system and retirees, since he will be able to look at all issues from both sides of the coin. Obviously he will not be able to do this alone, and it will be up to CMERA to give him plenty of help. In delegating authority to officers, directors and committees, Don is looking for every one’s full cooperation so that CMERA can continue to address retirees needs.
As we look back over the years it is heart warming to see what the Association has accomplished. However, in reviewing the last few years of “The CMERA Story“, it is obvious that the retirement system and City Council have been concerned about rising health care costs. These rising costs coupled with the university and hospital going private, and the City reducing its staff, have only made things worse. Actuarial reports now show that retirees outnumber current employees.
Having said all of that, I am confident that CMERA with its new energetic Governing Board, will successfully forge ahead as the Association has done in the past.