Thursday, November 03, 2005

Iowa Republican Senator Grassley wants smaller retirement benefits for Ohio Public Employees

Iowa Republican Senator Grassley

has called for oil and gas companies to devote a portion of their nearly $100 billion profits in the latest quarter to families who could see a 50-percent hike in heating bills this winter.

Do you think Ohio Senators Voinovich and DeWine are going to sit idly by as their fellow Republican colleague advocates smaller retirement benefits for the Ohio Public Employee Retirement System (Ohio PERS) Large Cap Fund?:

The Large Cap Fund invests in stocks of larger, well established (more than $5 billion in capitalization) companies such as Citigroup, GM, Pfizer, and Exxon.

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