Simple Pension Proposal for Coral Gables Commission

All Coral Gables Commissioners and the Mayor should forego a pension.  This relieves them of having a conflict of interest when they raise or lower the pensions of city employees.

Also, Coral Gables Commissioners should forego a salary, accept a small additional amount to cover their personal city-related expenses.  This is justified since they have a part-time job, in the public interest, and they have private sources of income.

In other words, the City of Coral Gables Commissioners and Mayor should be treated like the Board of a nonprofit organization with a fiduciary responsibility, but acting as volunteers in the interest of the community.

In 2010 all candidates for Commissioner or Mayor should offer not to accept a salary or pension from the city.

These sacrifices would make our Commission and Mayor exceptional and outstanding community leaders in this time of great personal and business austerity.

About Stephen E. McGaughey
International consultant in economic development programs and projects

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