Tue August 28, 2012
Sec. of State Holds Public Forum On LGC Ruling
A public meeting in Dover raised questions about how the non profit Local Government Center improperly collected and retained insurance funds it maintained for state and local employees and retirees.
Secretary of State William Gardner hosted the public meeting. Speaking to a group of about 200 people, he explained the complex transactions that led to the LGC managing some $300 million dollars in insurance payments. But a surplus was judged to be improperly retained, and should have been returned to the municipalities. David Lang, a retired Hampton firefighter fought for 9 years to open the LGC’s books to the public.
“The public was very concerned about their money, where it’s parked right now, what’s going to happen to it. I think those all legitimate concerns.”
Lang, himself at one time was a board member of the LGC and researched the center’s finances. His research resulted in a court order to refund $52 million dollars to public employees, retirees and municipal members who bought health and other insurance coverage from the non-profit. LGC has already said it will appeal the ruling.