Pension Fund

In these times, one needs to think "outside the box" like the mayor does when he's looking for more money for his "Quest for Fire" Olympic dream. This bright idea was given to us by a reader:

• Why not have the Pension Fund provide a large portion of the backing for the Parking Meter deal? In addition to the interest generated by the loan, write into the management contract that a sizable percentage of the quarters collected go directly into the Pension Fund, something like 50 or 60%. Then, how about the ticket revenue be handled similarly? 50%? 75% into the fund until the shortfalls are erased? That way, coppers would be encouraged to write tickets again since they'd be working for their retirement guarantees.

We aren't economists, but it sounds like it could work on some level. We don't see anyone else with viable suggestions and it has to work out better than Venecko and other mayoral relatives skimming management fees while losing a million-and-a-half of our money.