Feds to take over LTV pension plans amid bankruptcy
The PBGC moved to terminate and take over the Republic Steel plan for 8,800 workers and retirees, while LTV plans to terminate another for 13,000 in January. Together these actions transfer over half a billion dollars in unfunded liabilities to the government. LTV faces $1.9 billion in unfunded hourly-worker liabilities.
MENTIONED IN THIS ARTICLE
Feds
LTV
Washington
Federal Pension Benefit Guaranty Corp
PBGC
U.S. District Court
New York
Republic Steel Corp
Meanwile
United Steel Workers Union
Kathleen P. Utgoff
Republic Salaried
LTV S
Dallas
Jones & Laughlin
Vasi Shifts to Support Koury Amid Lorain Rally Crowd
Lorain County campaign scene features Mary Jo Vasi endorsing George Koury as he seeks a new term. Vasi called Koury "the best qualified" despite earlier venomous primary clashes, while Koury hosts a big rally at DeLuca's Place in the Park with about 560 attendees.
MENTIONED IN THIS ARTICLE
Mary Jo Vasi
Koury
DeLuca’s Place In the Park
Lorain
Vasi
County Board of Elections
Carol Ramer
Midview panel studies cure for financial woes
GRAFTON The new Midview School District superintendent forms a Blue Ribbon panel to study what caused the financial crisis. Chairman Donald Knechtges leads a group that will craft a plan to reduce spending, build a surplus, and possibly seek an 8.5 mill levy in November.
MENTIONED IN THIS ARTICLE
Grafton
Midview
Linda Huntley
Donald Knechtges
Huntley
Ambulances may stay even if city pact lost
Elyria EMS owner Ray Strohacker says the Lorain Area Ambulance unit may continue operating in Elyria despite losing the city contract. He plans a decision in 60 days and may contract with nursing homes or other firms for transport and emergency rescues. The City Council panel leans toward Majoras Lifecare Ambulance for a new 28 month pact.
MENTIONED IN THIS ARTICLE
Elyria
Ray Strohacker
Elyria Ems
Strohacker
Lorain Area Ambulance Service Inc
Majoras Lifecare Ambulance, Inc
Michael Keys
Also Mentioned on This Page
The
Republic Pension Plan
North Ridgeville High School
Rangerettes
Janine Exner
Lorain County
George Koury
Ramer
Ernie Roberts
Roberts
George
Amherst Sportsman Club
Foster Park Road
Scott Sleek
Richard C. Gladish
Gladish
Sheffield
Herbert Jacoby
J. Norman Thompson
Fred M. Ritenauer
Ritenauer
Data Development and Research
Thompson
David Knox
Bill Hanchosky
Senate
State Capitol
Hanchosky
North Ridgeville
Alan Zaleski
D-Elyria
Columbus
Ohio State University
Dixon’s
Republicans
Vince Campanella
Sherrod Brown
Mary Ellen Withrow
Vermilion
Withrow
Jeff Jacobs
R-Bay Village
Pole
Bud
Tim
Kemp
Avon Lake Library
Midview Panel
Knechtges
Geon Vinyl Division
Herbert Kaatz
Tronco, Inc
Dennis Demarco
ConSun Foods
Jack Ryba
Lorain County Bank
Maureen Cromling
Ross Environmental Services, Inc
William Cromling
First National Bank
Gail Flanigan
F.J.L. Enterprises, Inc
the Unicorn Restaurant
Henry Schriver
Midview Board of Education
Norman von Kamp
John Ryan
Hovey, Kaiser
Gordy Hales
Lowell Snider
Snider & Associates
Jack Powers
West Insulation Systems
Lorain Area Ambulance
Lifecare
Middle Ave
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