Bill Zettler, who has done oodles of research on Illinois public employee pensions has written a book on the subject. Published on May 12th, the book’s blurb follows: “Illinois’ state pension systems are in the worst financial condition of any … Continue reading
Category Archives: Pension
Neil Steinberg adds to the pressure to address the public pension mess Monday morning in a column featuring an interview with Illinois Governor Pat Quinn. There is one part that I found interesting, accurate as far as it goes, but … Continue reading
And here’s the public unions’ response: We Are One Illinois statement on Quinn news conference Responding to Gov. Pat Quinn’s news conference on pensions held Friday, April 20, Illinois AFL-CIO president Michael Carrigan issued this statement for the We Are … Continue reading
A press release from Governor Pat Quinn: Governor Quinn Proposes Bold Plan to Stabilize the Public Pension System Plan Eliminates Unfunded Liability by 2042; Changes Will Save Taxpayers Billions CHICAGO – April 20, 2012. Governor Pat Quinn today announced a … Continue reading
Thursday in the Chicago Tribune, Illinois Democratic Party Chairman and House Speaker for life called for a constitutional amendment which would require a 3/5 vote to hike public employee pensions. With the drum beat that National Taxpayers United of Illinois’ … Continue reading
In a post, the candidate reveals, “There are now EIGHT Republican candidates in THREE separate districts throughout DuPage County that publicaly support this initiative led by Rafael Rivadeneira for DuPage County Board. “The YouTube pitch from DuPage count Board candidate … Continue reading
It seems I misunderstand the chart I got from Illinois House Republicans CPA Michael Laird looked at how I described the numbers and figured out that what I put up was teachers’ salaries, not the amount required to pay for … Continue reading
Here’s an issue that has not popped up in McHenry County. DuPage County Board members are members of the Illinois Municipal Retirement System. So are McHenry County Board members. The Daily Herald reports that the IMRF pension which members can … Continue reading
Here’s how much the Democrats teacher pension payment shifting plan will cost McHenry County taxpayers: Nippersink School District 2 $6,426,544.26 Fox River Grove CSD 3 2,957,690.47 Johnsburg CUSD 12 12,905,616.00 McHenry CCSD 15 21,799,110.51 Riley CCSD 18 … Continue reading
A press release from State Rep. Kent Gaffney: House Republicans: Democrat Pension Shift would be Disastrous for Local Schools, Property Taxpayers Springfield…A Democrat-backed plan to shift a portion of the state’s pension obligation to local schools and universities would be … Continue reading
A press release from State Rep. candidate Danielle Rowe follows. She is running against appointed incumbent Kent Gaffney and David McSweeney. DANIELLE ROWE IS THE ONLY CANDIDATE WITH THE POLITICAL COURAGE TO REFORM PUBLIC SECTOR PENSIONS ISLAND LAKE – Danielle … Continue reading
Over fifty years ago, scandal-plagued Illinois decided that those convicted of felonies connected to their pubic service. Oh, there have been games played to allow corrupt public officials to keep their pensions by charging them instead with non-official crimes (see … Continue reading
That’s how I read this press release from State Rep. Mike Tryon. The first one to do systematic research on the subject of school districts paying both the employer and the employee side of teachers’ pensions was former Huntley School … Continue reading
Thirteen days ago Danielle Rowe issued a press release on pension reform in which she pledged not to take a legislative pension, if elected. Today State Rep. Kent Gaffney has made the same personal promise. Rowe wasn’t first to announce … Continue reading
A press release from State Senate candidate Karen McConnaughay: Karen McConnaughay announces support for reform of state pension system Will support SB 512 to create choices for state workers and reduce taxpayer costs; Will forgo legislator pension St. Charles,IL–State Senate … Continue reading
Wonder what public employees will get in their pensions? The Illinois Policy Institute has put in the formulas for various occupations here. Stick in a bit of information and you can find out what your neighboring teacher, police officer or … Continue reading
A press release from State Rep. candidate Danielle Rowe: Rowe Calls for Passage of Pension Reform, Proposes Elimination of Legislator Pensions Island Lake, IL – Candidate for State Rep in the 52nd district, Danielle Rowe, is calling for passage of … Continue reading
A press release from State Rep. Kent Gaffney: Legislation to end pension abuses signed by Governor Wauconda, IL… Legislation co-sponsored by State Representative Kent Gaffney (R-Lake Barrington) to prevent fraud and abuse of Illinois’ public pension system was signed into … Continue reading
A press release from State Rep. Mike Tryon tells us the results of a recent poll. When I asked I was told about 100 people participated. Interestingly, one result is exactly the opposite of the way that Tryon voted. He … Continue reading
A press release from State Rep. Kent Gaffney: Legislation to end pension abuses sent to Governor Springfield, IL… In response to numerous WGN and Chicago Tribune probes into fraud and abuse of Illinois’ public pension systems, the Illinois General Assembly … Continue reading