Milwaukee County Board of Supervisors - History - Pension Controversy

Pension Controversy

In 2000, the County Board approved a generous and controversial pension plan that was negotiated by County Executive Tom Ament. The passage of the plan has been called the biggest political scandal in Milwaukee County history. During 2002-2003, the county executive resigned after a recall election was certified and seven county board members who voted for the pension deal were recalled from office. The controversy resulted in the down-sizing of the county board and led to a special election of Scott Walker as County Executive.

In 2009, a civil lawsuit was filed by Milwaukee County against Mercer Human Resource Consulting, Inc., a global financial-advice firm. The county is seeking more than $100 million in damages plus more in punitive damages. The full cost of benefits related to the scandal could reach $900 million.

Read more about this topic:  Milwaukee County Board Of Supervisors, History

Famous quotes containing the words pension and/or controversy:

    “Wotever is, is right, as the young nobleman sveetly remarked wen they put him down in the pension list ‘cos his mother’s uncle’s vife’s grandfather vunce lit the king’s pipe vith a portable tinder-box.”
    Charles Dickens (1812–1870)

    Ours was a highly activist administration, with a lot of controversy involved ... but I’m not sure that it would be inconsistent with my own political nature to do it differently if I had it to do all over again.
    Jimmy Carter (James Earl Carter, Jr.)