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<blockquote data-quote="bigd" data-source="post: 1210520" data-attributes="member: 42563">Amazing how they don&#039;t want to answer a simple question!, letter of intent is was just that! Intent.You see I can have the best intentions on buying a home and I send all paper necessary to the bank the get the home, closing comes and at the table the bank tells me mr. BigD you don&#039;t have enough money to close on this house and I say but your loan officer told me that I need it this much, so the bank saids is up to the underwriter to approve you and you don&#039;t have enough money to close this deal.That&#039;s where we are right now my brother the pension actuary needs to ok this deal and satisfied the government that our pension fund will not decrease as direct result of this tentative pension increase. Than and only than the board of trustees can vote to increase the pension.Worse of all is that this Eboard knew all of this and they still force the hand of our membership the vote yes!!!And yes there was a meeting on 10/15/2013, by law they have to meet at least 4 times a year, no vote was taken!No rumors here, pls read law sign by pres. Obama back in 2010, on funding relief.<a href="http://www.nccmp.org/pdfs/Relief%20Bill%20Announcement.pdf" target="_blank">http://www.nccmp.org/pdfs/Relief Bill Announcement.pdf</a><a href="http://www.dol.gov/ebsa/pdf/c-notice091313018.pdf" target="_blank">http://www.dol.gov/ebsa/pdf/c-notice091313018.pdf</a></blockquote>

[QUOTE="bigd, post: 1210520, member: 42563"] Amazing how they don't want to answer a simple question!, letter of intent is was just that! Intent. You see I can have the best intentions on buying a home and I send all paper necessary to the bank the get the home, closing comes and at the table the bank tells me mr. BigD you don't have enough money to close on this house and I say but your loan officer told me that I need it this much, so the bank saids is up to the underwriter to approve you and you don't have enough money to close this deal. That's where we are right now my brother the pension actuary needs to ok this deal and satisfied the government that our pension fund will not decrease as direct result of this tentative pension increase. Than and only than the board of trustees can vote to increase the pension. Worse of all is that this Eboard knew all of this and they still force the hand of our membership the vote yes!!! And yes there was a meeting on 10/15/2013, by law they have to meet at least 4 times a year, no vote was taken! No rumors here, pls read law sign by pres. Obama back in 2010, on funding relief. [url]http://www.nccmp.org/pdfs/Relief%20Bill%20Announcement.pdf[/url] [url]http://www.dol.gov/ebsa/pdf/c-notice091313018.pdf[/url] [/QUOTE]

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