Why I Support Greg Folley for City Council

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I have followed Marco Island politics throughout my 40 years as a resident, and Greg Folley has delivered more results for citizens than any Councilor I can remember. An accomplished lawyer, Greg is a veteran who served in all three branches of the federal government. He was lead labor negotiator and Chief HR officer for Caterpillar, Inc. Greg deployed his skills, bringing Council together to address unsustainable pension liabilities. Fire and police pensions were far above market, with no employee pension contributions, retirement eligibility after 25 years with no minimum age, and Cost of Living adjustments of 3% following retirement for life, doubling pension payments from taxpayers to retirees in just 24 years! Under Greg's leadership, Council confronted pensions head on. Both unions ultimately agreed to a more market-based set of pension benefits, paired with market-based wage increases. The net present value of these savings to taxpayers is nearly $10 million, well over one-third of the City's annual operating budget. Our firefighters and police officers still enjoy highly competitive wages and benefits to help keep our City one of the safest places in the entire country. These achievements warrant Greg's reelection, as they would not have happened absent his leadership. His work on pensions is just one of many examples of Greg delivering results for Marco Island taxpayers. We need him on Council for another term.

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