Verification of COLA funding
The year 2005 is an election year and the Cost of Living Allowance checks are being released several weeks prior to Election Day.
The year 2005 is an election year and the Cost of Living Allowance checks are being released several weeks prior to Election Day. Can Finance Secretary Fermin Atalig publicly confirm that the funds that went out to the retirees came from the Retirement Fund coffers, which is where it was supposed to come from? If not, will Atalig admit there was an infraction in terms of taking funds from other areas to take care of increases like COLA? The answers to questions must be given in light of the fact the financial transactions utilizing taxpayer dollars is public record and the retirees have a right to know the truth.
Dr. Jesus D. Camacho
Delano, California