Theodore Lipscomb
Press Release

Board Saves Taxpayers More Than $15 Million By Reforming Pension Backdrop

Board Approves Resolution to “Cap the Backdrop” Authored by Supervisor Lipscomb

By - Dec 20th, 2012 12:09 pm

Milwaukee – Milwaukee County Supervisor Theodore Lipscomb, Sr., said today he is thankful the Board has done right by taxpayers by passing the resolution to “Cap the Backdrop,” which has a $15 million present value to the pension fund.

“I thank the Pension Study Committee for addressing this issue at its meeting last week,” said Supervisor Lipscomb. “Today, the Board’s action sends a strong message to taxpayers, who deserve trustworthy leadership and smart stewardship of shared resources.”

The vote in favor of reform was strong, with more than two-thirds approving the resolution (15–3).

The proposal authored by Supervisor Lipscomb does not take away any pension benefits already earned but does limit future accrual of the backdrop.

Supervisor Lipscomb first introduced his proposal in the fall of 2010 through a budget amendment, seeking further legal and actuarial analysis of the strategies to limit the pension backdrop.

Today’s action is the latest in a series of major changes adopted by the County Board to strengthen the pension fund and to save money.

Press Releases by Theodore Lipscomb - Page 2

Theodore Lipscomb

Milwaukee County Board Kicks Off Public Meetings on 2017 Recommended Budget

MILWAUKEE – Board Chairman Theodore Lipscomb, Sr., has made special arrangements to provide County Executive Chris Abele with an opportunity to present the details of his 2017 Recommended Budget to the County Board of Supervisors on October 3, 2016, at 3:00pm. County Executive Abele will present his Recommended Budget to the Committee of the Whole […]

Theodore Lipscomb

Board Chairman Lipscomb and Parks Committee Chair Haas Announce 9/13/2016 Public Hearing on Pokemon Go and 2017 Parks Budget Request

Invite Public to Testify about Pokemon GO in the Park and Proposed Parking Meters on the Lakefront

Theodore Lipscomb

Chairman Lipscomb Responds to Administration Proposal to Charge for Lakefront Parking

Asks, “Who would want to impose a tax on Independence Day celebrations and family picnics at the lakefront?”

Theodore Lipscomb

Board Chairman Lipscomb Announces Standing Committee Assignments for the 2016-2018 term

I am excited to announce the historic appointment of Supervisor Peggy A. West as Chairwoman of Milwaukee County’s Finance Committee.

Theodore Lipscomb

Supervisor Theodore Lipscomb, Sr. Re-Elected Chairman of the Milwaukee County Board

Promises to Be an Accessible and Accountable Board Leader

Theodore Lipscomb

County Executive Refuses Once Again to Sign Domes Repair Resolution

Also Ethics Code and Sex Offender Resolutions

Theodore Lipscomb

County Executive Not Exempt From Judicial Review

A resolution granting authorization to refile the lawsuit is now before the Board.

Theodore Lipscomb
Theodore Lipscomb

Chairman Lipscomb on Executive Abele’s Motion to Dismiss

On a technical issue of process, Milwaukee County Circuit Judge Sosnay granted County Executive Abele’s motion to dismiss the lawsuit without prejudice.

Theodore Lipscomb

Case Against County Executive Chris Abele Begins Monday

Chairman Lipscomb Filed Suit Against Abele’s Unilateral Actions, Refusal to Appear Before County Board

Theodore Lipscomb

County Executive AWOL From Public Hearing on Future of the Domes

Abele Refuses to Listen to Community

Theodore Lipscomb

Chairman Lipscomb Critical of Administration Response to Domes Closure

We are just receiving initial details of their short-term plan to re-open one dome, and the administration’s long-term plan for all three still is unclear.

Newer Releases - Older Releases