IMRF’s Louis Kosiba Salary History

Louis Kosiba

Louis Kosiba

Researcher Mark has gathered information about the salary history of the man from IMRF who appeared before the McHenry County Board last night.

The Illinois Municipal Retirement Fund is best known for being the most solvent large public pension fund in Illinois.

Louse Kosiba is the Executive Director.

Mark thought that readers might be interested in what the man has earned over the years.

The salary history of Louis Kosiba, Executive Director of the Illinois Municipal Retirement Fund (IMRF).

The salary history of Louis Kosiba, Executive Director of the Illinois Municipal Retirement Fund (IMRF).


Comments

IMRF’s Louis Kosiba Salary History — 36 Comments

  1. I listened to this bureaucrat on Thursday night and was reminded of hearings conducted in Congress with Union bureaucrats being questioned by federal members of Congress. How the tables have been turned!

    I do have a thought relative to this whole mess.

    A County Board member is on call 24 / 7 for constituents.

    Can they count time spent answering constituent questions outside of normal hours ( 08:00 am through 04:30 pm) as ‘premium’ time like members of Local 150 do when they work for MCDOT?

    Can they count hours on weekends as time worked regardless if they work or not like Union 150 members do when they are on call?

    This guy had the audacity to state that social time spent by elected members does not count because (I paraphrase) it is simply ‘face time’ for a politician.

    This little weenie (my opinion) spent a lot of ‘face time’ Thursday night fronting for Local 150 and Jack Franks.

    Is he returning that portion of his salary?

    BTW during this same period guess what happened to average family income in McHenry County?

    It went down from $92,469 in 2000 to $76,856 in 2014!!!!!!!!!!!!!

  2. My family’s income dropped from consistently six figures through 2012 to less than 30K for each of the last four years!

    I completely feel the burn.

  3. In a more enlightened future, after regime-change in America, crooks like Kosiba will be extradited from their Dominican Republic villa-lairs and put on trial for their many misdeeds.

    I predict these trials will not go well for these fattened calves. And disgorging their ill-gotten dough will not be the only penalty.

  4. One of the reasons property taxes are increasing is because employer IMRF contributions are increasing.

    There are plenty of IMRF funds that are underfunded, they are not all funded 100%; although IMRF is the best funded of the large pension funds in Illinois.

    There are many IMRF pension funds in McHenry County:

    COUNTY
    McHenry County
    McHenry County Conservation District
    McHenry County Cooperative Employment for Education, Woodstock (vocational education)

    ALDEN
    Alden Hebron School District 19

    ALGONQUIN
    – Algonquin, Village of
    – Algonquin – Lake in the Hills Fire Protection District
    – Algonquin Area Public Library District
    – Algonquin Township
    – Community Unit School District 300, an elementary through high school district (unit district) which serves all or parts of Algonquin, Carpentersville, Dundee, Gilberts, Hampshire, Lake in the Hills, Pingree Grove, Sleepy Hollow, & West Dundee
    – Village of Algonquin

    CARY
    – Cary Area Public Library District
    – Cary Fire Protection District
    – Cary Park District
    – Cary, Village of

    CRYSTAL LAKE
    – Community School District 155, a high school district which serves all or parts of Crystal Lake, Cary, Fox River Grove, Prairie Grove, & Burtons Bridge
    – Crystal Lake, City of
    – Crystal Lake School District 47, an elementary school district
    – Crystal Lake Park District
    – Northern Illinois Special Recreation Association, Crystal Lake
    – Nunda Township, Crystal Lake
    – Southeast Emergency Communications, Crystal Lake, an intergovernmental cooperative

    FOX RIVER GROVE
    – Fox River Grove School District 3, an elementary school district
    – Fox River Grove Library District
    – Fox River Grove, Village of

    HARVARD
    – Chemung Township, Harvard
    – Harvard, City of
    – Harvard School District 50, an elementary through high school district (unit district)

    HEBRON
    – Hebron, Village of

    HUNTLEY
    – Grafton Township, Huntley
    – Huntley Fire Protection District
    – Huntley Library District
    – Huntley Park District
    – Huntley School District 158, an elementary through high school district (unit district) which serves all or parts of Huntley, Algonquin, Lake in the Hills, Union, Lakewood
    – Huntley, Village of

    JOHNSBURG
    – Johnsburg Library District
    – Johnsburg School District 12, an elementary through high school district (unit district)
    – Johnsburg, Village of
    – McHenry Township, Johnsburg

    LAKE IN THE HILLS
    – Lake in the Hills Sanitary District
    – Lake in the Hills, Village of

    LAKEWOOD
    – Lakewood, Village of

    MARENGO
    – Marengo, City of
    – Marengo Library District
    – Marengo Park District
    – Marengo School District 154, a high school district
    – Marengo Township, Marengo
    – Marengo – Union School District 165, an elementary school distrit
    – Riley School District 18, Marengo, an elementary school district
    – Riley Township, Marengo

    MCHENRY
    – McHenry, City of
    – McHenry District 15, an elementary school district
    – McHenry Library District
    – McHenry School District 156, a high school district

    PRAIRIE GROVE
    – Prairie Grove School District 46, an elementary school district that serves all or parts of Crystal Lake, Prairie Grove, & Burtons Bridge

    RICHMOND
    – Nippersink Library District, Richmond
    – Nippersink School District 2, Richmond, an elementary school district
    – Richmond Burton School District 157, a high school district
    – Richmond Township, Richmond
    – Richmond, Village of

    SPRING GROVE
    – Spring Grove, Village of

    WONDER LAKE
    – Greenwood Township, Wonder Lake
    – Harrison Elementary School District 36, Wonder Lake

    WOODSTOCK
    – Dorr Township, Woodstock
    – Seneca Township, Woodstock
    – Woodstock, City of
    – Woodstock School District 200, an elementary through high school district (unit district).

    ———-

    The above is only IMRF pensions in McHenry County.

    There are also:

    – Fire Pensions (Downstate Fire)

    – GARS judicial pensions

    – JRS Judicial pensions

    – METRA, PACE, & RTA pensions (mass transit)

    – Police Pensions (Downstate Police)

    – SERS state employee pensions

    – SURS state university pensions (McHenry County College)

    – TRS pensions for teacher and administrators in public school districts.

    ————–

    The hiked benefits (while pensions were already underfunded) in those pensions and the associated retiree healthcare systems cannot be diminished or impaired until the sentence added to the Illinois State Constitution on December 15, 1970 is repealed by constitutional amendment.

    History has shown the sentence should never have been added, as the result has been hiked benefits pensions that were already underfunded.

    Here is the sentence that was added on December 15, 1970 and should be repealed in its entirety via constitutional amendment:

    “Membership in any pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof, shall be an enforceable contractual relationship, the benefits of which shall not be diminished or impaired.”

    ——

    The US Constitution does not state that Social Security, Medicaire, and Medicaid benefits are contractual and cannot be diminished or impaired.

    Maybe if more people read and understood the US and Illinois State Constitution and looked into government finance, there would be more concern.

  5. typo, should be

    – GARS legislative pensions

    GARS = General Assembly Retirement System

  6. Hey may make a lot, but I bet he actually works, unlike the folks on the County Board who are illegally in the pension system.

  7. If the Board members were in a union Jack Franks would not be going after them.

  8. alabamashake?

    It’s degrees of having no personal integrity.

    You have a chance of saving the board.

    I believe they are not evil but just ignorant.

    Think useful idiots.

    On the other hand there is real evil.

    Read OldManWinter’s comments to understand.

  9. If the Board members were Democrats Jack Franks would not be going after them.

  10. This is just an attempt to distract from the county board members who are getting paid and pensions and heath insurance and perks for time they cannot account for.

  11. I have to agree.

    Either the board members qualify for the benefit or they do not.

    Why its is being looked at and who is looking at it are irrelevant.

    I also think that all of these other government pensions are worth taking a look at.

    If clear verifiable documentation is not available to prove that 1000 per year is worked, then they should not get the pension.

  12. There have been no attempts to look at other county boards.

    There have been no reminders or warnings from IMRF about the issue of county board members working at least x hours a year to qualify for a pension.

    This is a witch hunt by Democrat Union backed State Representative Jack Franks targeting Republican Governor Rauner supporting McHenry County Board.

    It takes little mental effort to think, I wonder what is happening in the other County Boards whose members receive IMRF pensions.

    While Mr. Franks does have a valid point, given the fact the Republican County Board supported the Republican Governor’s Turnaround Agenda which aroused the ire of IUOE Local 150 union which contributes to Jack Franks, and the way Mr. Franks is going about this, leads one to believe there is more going on here.

  13. I don’t care about other boards.

    I don’t care about the ED.

    Go after them next.

    It has irritated me for years they get a pension and healthcare I pay for for years.

    To now find out they don’t even earn it?

    This blog has gone after teachers and unions for years about their pensions.

    Full time jobs.

    Teacher don’t even get social security.

    But now, your precious county crackpots are found with their hand in the cookie jar and you cry foul?

    Stop blaming Democrats for this.

    You have a REPUBLICAN controlled board.

    ALWAYS been A Republican board clearly violating the law.

    Hammer and isn’t even in the state for months!,,,, prove it with appointment books and mileage records.

    Yeah, they get paid for those too.

    Pathetic.

  14. Cal, are you going to submit how much you have collected from your govt pension versus how much you contributed?????

    Eliminate the pensions.

    You people are terrified cuz Franks might run.

    Who cares?.

    Who says he would win?

    Do your job, demonstrate you do it well and you shouldn’t have to worry.

    But instead you want to vote out people doing a good job so you can replace them with people who have no experience and no personal success.

    You only need to look at the last election to see how well that worked

  15. The teachers don’t get Social Security because the TRS pension is so lucrative the Federal Government rules allow them to not contribute to Social Security.

    TRS pension benefits have been hiked far beyond Social Security benefits hikes.

    Ditto the other 19 pension system benefit hikes, although some, such as IMRF and SERS, contribute to and thus receive both their pension and Social Security.

    It’s the aggressive nature that Mr. Franks has proceeded with this attack, and the aggressive time frame in which IMRF has demanded responses, that is unprecedented from what we have seen in the past, although there’s no central repository of all pension felonies for all pension systems, so it’s difficult to know conclusively.

    The Illinois Pension Code for IMRF mentions nothing about a class 3 felony for failing to work x number of hours as in mentioned in the letter from Jack Franks to Lou Bianchi the McHenry County States Attorney, so where are the details on that.

    The letter does mention that the “IMRF Guidebook” (what’s that, where’s that) indicates it would be very difficult for any county board member to work 600 hours much less 1,000 hours.

    So why didn’t IMRF investigate this on their own earlier?

    And 600 hours a year is about 12 hours a week, so what’s the rationalization for that conclusion, as it doesn’t seem very difficult to imagine a county board member working 12 hours a week on county board business, if they are trying to turn this train wreck of a state around.

    How can such a broad blanket generalization even be made by IMRF as the counties are all over the map in terms of population and budgets and services.

    You know what group of pension contributors and recipients have lost the most pensions from what I can tell?

    Educators having sex with minors.

    Where’s that investigation.

    Is the K-12 system doing everything it can to stop that?

    How about all the passing the trash from one school district to another that occurred in the past.

    And in terms of saving taxpayer dollars.

    McHenry County Board member pensions is peanuts at best compared to the Billions of dollars in unfunded legislative benefit hikes to underfunded pensions that were passed by legislators for DECADES.

    This whole thing while it may have some merit is way to aggressive.

  16. The non-producers of the economy have become the new rich.

    These are not retirement plans but lottery tickets.

    Only if I had to do it over again.

  17. Mark – Put down the bottle a bit when you post. Your drunkeness is starting to show.

    “The teachers don’t get Social Security because the TRS pension is so lucrative the Federal Government rules allow them to not contribute to Social Security.”

    The teachers don’t get Social Security, because they fund their own pension system. None of the salary of a teacher is placed in Social Security so they shouldn’t get anything

    Finally, what does a teacher having inappropriate sexual relations with a manor have anything to do with a pension?

    Also, why is it important to know Louse Kosiba salary? His salary has nothing to do with the issue at hand, it is a red harring.

  18. I am not following any logic in the post above.

    Teachers do not fund their own pensions, taxpayers fund teachers’ and administrative pensions.

    And it is factually accurate to state that defined benefit plans are extraordinarily more lucrative than social security formula which falls short of inflation.

    Why teachers committing statutory rape is relevant goes to pension eligibility of felons.

    All public sector worker salaries funded (by law) with public money that are not *wnr* (within normal range) are relevant.

    As the salary rises the pension entitlement rises.

    If you produce a chart predictive of pension benefits entitlement in future years due to annual double digit salary rises, you will instantly recognize the relevance.

    Hope this clears up the misconceptions printed in that comment above.

  19. Teachers and administrators do not contribute to Social Security because their pensions are so lucrative the Federal Government does not require them to contribute to Social Security.

    Contrast that to SERS & IMRF which are not as lucrative as TRS.

    Employees contributing to SERS and IMRF also contribute to Social Security.

    TRS members don’t contribute to Social Security as part of their government education employment.

    SERS & IMRF members do contribute to Social Security as part of the government employment.

    TRS, SERS, & IMRF members all contribute to their pensions (well, unless the employer picks 100% of their employee pension contribution, which does happen in many school districts in Illinois).

    However, TRS members don’t contribute to Social Security; SERS & IMRF members do contribute to Social Security.

    ————-

    When an educator is convicted of a felony for sexual misconduct they lose their pension.

    Looking at government employees in Illinois whom lose their pension, more fall into that category than any other category.

    ————-

    Mr. Kosiba as many other IMRF staff members have received big pay hikes.

  20. A few more points about the TRS pension system.

    TRS does not have a Section 218 agreement with the Social Security Administration.

    Those who work more years as members of the TRS (or a reciprocal system) benefit from not contributing to Social Security.

    In particular Tier I members (those who began their career before January 1, 2011).

    Those who work less years in as members of TRS (or a reciprocal system) would benefit from contributing to Social Security due to TRS vesting rules.

    Since the teacher unions dominate educator politics, and we don’t hear the teacher unions clamoring for a change, it’s safe to assume the teacher unions do not want TRS to implement a Section 218 agreement with
    Social Security (unions typically favor longer career workers…for example seniority rules, etc.).

    The teacher unions (IEA, IFT) in Illinois are now bringing up the point that Tier II members may someday be required to contribute to Social Security, as Tier II benefits are less lucrative than Tier I benefits (although haven’t seen Section 218 mentioned in that dialogue).

  21. Brent Steffans: Did you start early also? “sexual relations with a manor”

    BTW, teachers do not put a plugged nickel of their own into anything unless they work at another job in addition to being a teacher.

    Every penny used to fulfill teacher union contracts is a taxpayer’s penny.

    Every penny used to fund the teachers pension is a taxpayer penny (only exception would be if the TRS fund invests wisely in capitalist corporations and earns dividends or interest).

    Was this: “Louse Kosiba” a freudian slip or the result of the “early” beverage?

    The salary of Kosiba is pertinent here because it is absolutely sinful that we, the taxpayers who fund IMRF are paying this guy such a salary!

    I say do away with all public sector pensions.

    Let people in the public sector live by the same rules of life as those in the private sector.

    Ditto on what OldManWinter posted.

  22. How about this, as of tomorrow, all new employees get a DC (401k-style) plan rather than the current DB (typical pension) plan.

    How hard is that?

    That doesn’t solve how to pay for those already on the DB plans, but it will slow the bleeding.

    BTW, here’s Koshiba’s contract:

    http://www.bettergov.org/louis-kosiba-file-1

  23. @Questioning- A teacher contributes a higher amount towards their pension than you do to Social Security.

    And no – it isn’t taxpayer money- it is their wages.

    Using your logic- there is no such thing as private money.

    They are paid a wage for their work, just like a private sector job is.

    Stop being ridiculous.

    You can disagree about the level of wages or the level of benefits- but stop acting like it isn’t wages.

    Trust me- this county is filled with people who make way more than they would anywhere else because they were “hired” by the influences for this county for jobs that were never posted.

    And if you are so concerned about teachers pensions and taxpayers money – why aren’t you equally incensed by the fact your county board gets health care benefits, mileage reimbursements and a pension?

    Is that not taxpayers money?

    Is the pension Sheriff Primm is earning not taxpayer money?

    Or your township officials?

    And exactly why aren’t any of you asking about Cal’s pension?

    You know that Taxpayer funded pension he earned as a politician????

    The one he never posts.

  24. I don’t believe that the word ‘logic’ should be used within fifty paragraphs of the baffling assertions describing ‘wages’ so as to include a guaranteed (by full faith and credit of taxpayers of Illinois) pension for lifetime starting at mid-fifties and including lifetime of surviving spouse, starting at some salary number which is far higher than private sector wages to begin with, rising at a parabolic rate, and with no governors on the amount of patronage inclusion in recipient population.

    The word LOGIC would not be stupid enough to walk through that neighborhood in broad daylight with armed bodyguards.

    Logic is supposed to mean a disciplined, evidence based reasoning filter which can be applied to all similar analyses.

    If you write a number of agreed suppositions, and agreed if-thens, you can agree to the conclusion.

    If you can disprove any assertion in the link, it becomes an illogical assertion.

    Here is an example of logic:

    1. We can’t afford the government/public sector workforce/ guaranteed defined benefit plan we now promise, without property tax rates rising far above normal ranges.

    2. When property tax rates rise far above normal ranges, median income households cannot qualify for mortgage loans on median value homes.

    3. When Half (median) the potential buyer population is excluded from competitive bidding for homes, home prices drop.

    4. When home prices drop, property tax rates rise further.

    Here’s the logic I believe to be the point of Inish comment:

    1. Whatever next year calls the public sector salary is the wages (just like private sector? although competition is not an allowed factor in public sector).

    Whatever those wages rise to (if they DOUBLE next year, for example), the legal obligation of taxpayers is to willingly pay that and not be informed of any cap or limit on total obligation amount.

    AND! Public sector hiring has no outer bound–AND! Public sector hiring is defined by those empowered to do the hiring…so nepotism, cronyism and patronage is an acceptable factor in the process.

    AND! Because the pension to which the public sector employee is legally entitled must be guaranteed by private sector taxpayers: when salaries double out of thin air, pension entitlements also double, and so the ‘catch-up’ period is the taxpayers’ burden and of no concern to the recipients.

    2. Everyone in town/State has agreed to this by virtue of…being obligated by law to pay it?

    3. All public employees milk taxpayers for more than taxpayers can afford to pay, so singling out one group is (very fair, or very unfair, or both: it isn’t clear)…we shouldn’t single out one group, therefore we have to quietly fund ALL groups through to our own bankruptcy.

    LOGICAL solution: pay public sector workers a million a year, with 25 million present-value annuity entitlement, cut to the chase, give them whatever they demand.

    But hire only as many as is affordable.

    If each costs a million and you have a million budget, just hire one.

  25. He is already taking a pension- not staking a second doesn’t eliminate the first.

    My point is the lack of consistency among the comments by your readers.

    Pensions by people they dislike-= bad.

    Pensions by people they like= good.

    Who cares who brought it up.

    It is still wrong.

    And no offense of this was the record of anyone else- your readers would throw a fit.

    Explain to me how this is different from Jack getting a pension after 16 years being in the house?

    Retired Republican state representative (73-81, 93-01). Began government career in the U.S. Budget Bureau (before it was called the Office of Management and Budget). Served as McHenry County Treasurer (66-70). You have been collecting $70K plus for over 15 years. That is over a MILLION DOLLARS in pension you have been paid by taxpayers. Why do your readers not get up in arms about that??????

  26. The answer is simple-

    Eliminate pensions for the board.

    Have they pay for their own healthcare.

    If they don’t want to serve then so be it.

  27. The TRS Employer Guide contains information about the teacher contribution to the TRS pension fund.

    The following are some excerpts.

    The Employer Guide is on the TRS website.

    —————-

    “Illinois law requires employers to pick up on a before-tax basis the entire 9.4 percent TRS member contribution.

    As a result, the 9.4 percent contributions are treated as employer contributions under the Internal Revenue Code and are excluded from the member’s taxable income, regardless of who actually pays the 9.4 percent contribution.”

    ——————

    Next in terms of who pays, the employee or the board (school district).

    In the majority of school districts in Illinois, teachers contribute little or nothing to their pensions, in a practice known as “board paid TRS” aka “pension pickups” which generally also increases gross pay due to the commonly used “salary schedule add-on method.”

    The pickup is generally negotiated during collective bargaining, and is generally not explained fully to the taxpayers of the district at the time the hike occurred or any time, the taxpayer has to know what language to look for and where to look for it.

    A typical justification is the board paid TRS was in lieu of a salary hike.

    Looking at the salary hikes of teachers, it becomes apparent teachers are getting plenty of hikes over the years along with board paid TRS hikes.

    Irregardless if the board / district pays, or the employee pays, for the teacher contribution to the TRS pension fund, the amount is considered pensionable income.

    ——-

    Obviously any contributions made by teachers to the pension fund is at most one step removed from taxpayer funded.

    That’s the nature of government employment.

    Taxes fund the government, the government pays the employee, the employee may or may not make a contribution to the pension fund depending on what’s negotiated between the employer and employee or employee bargaining unit.

    Once again for teachers the employee contribution to the TRS pension fund is explained in the TRS Employer Guide.

    Let’s look at what at just one example of what the Employer Guide has to say about the salary schedule add-on method.

    There are many ways to hike teacher pay and pension permissible in Illinois state law.

    “An employer offers a salary add-on plan as part of the negotiated agreement.

    All teachers may receive $500 cash in lieu of health insurance.

    Regardless of the option chosen, the teachers’ creditable earnings increase by $500; TRS and THIS Fund contributions must be remitted.”

    ——

    negotiated agreement = collective bargaining agreement

    creditable earnings = pensionable income = the amount used to calculate pension

    ——-

    More from the TRS Employer Guide about board paid TRS aka pension pick-up.

    “Employer-paid 9.4 percent retirement contributions An employer’s payment of any portion of the 9.4 percent retirement contribution is referred to as the ‘salary schedule add-on method.’

    Employers using this method agree to pay all or a portion of the 9.4 percent member contribution in addition to the salary schedule amount.

    This method results in an employer cash outlay in excess of the member’s salary schedule amount.

    Employer payment of any portion of the member’s retirement contribution results in an increase in reportable earnings equal to the employer payment.

    To determine creditable earnings, add the portion of the 9.4 percent contribution that is employer paid to the salary schedule amount.

    Creditable earnings may be calculated by multiplying the member’s salary by an add-on factor (see the Table of factors).

    When the employer agrees to pay the entire 9.4 percent contribution, creditable earnings are computed by multiplying the salary schedule times 1.103753 or by dividing the gross salary by 0.906.

    The contribution is then equal to 9.4 percent of creditable earnings.

    The 9.4 percent member contribution may also be computed by multiplying the salary schedule times 0.103753.

    Taxable earnings are equal to creditable earnings less the retirement contribution.

    If the employer is paying the full 9.4 percent contribution, taxable earnings are equal to the salary schedule amount.”

    ———

    There are examples in the TRS Employer Guide about how this works, including examples about the “salary schedule add-on” and “salary schedule reduction” methods of TRS pension calculations, how either way the employee 9.4% pension contribution is tax sheltered and counts as pensionable income, how the salary schedule add-on method results in a gross pay hike.

    ——–

    School districts vary in how the present salary schedules to taxpayers when the salary schedule add-on method is in place in the district.

    Sometimes two salary schedules are presented, one without the pick-up, the other with the pick-up.

    Other times, the pick-up is not reflected in the salary schedule, which is misleading, since the pick-up results in a hiked schedule, when the salary schedule add-on method is used.

    ———

    Basically the scheme minimizes taxable income and maximizes pensionable income, in particular when the salary schedule add-on method is used.

  28. A main issue with the IUOE union / Democrat Jack Franks legislator attack on the Republican McHenry County Board IMRF pension qualification is is that the County Board is being targeted without warning when according to the Jack Franks letter the IMRF has suspected a problem amongst all county boards in terms of the number of hours worked to qualify for a pension.

    The only reason the McHenry County Board is being singled out is because the IUOE in particular has a self admitted axe to grind with County Board for supporting the Republican Governor Bruce Rauner Turnaround Agenda which the IUOE union opposes.

    ————

    The IUOE are big contributors to political campaign funds.

    IUOE’s Midwest Operating Engineer (MOE) division has a fund titled “Construction Industry Research and Service Trust Fund.”

    That fund shows up as a fringe benefit line item in hourly wages for many agreements IUOE MOE has for construction projects.

    Do all monies received by IUOE Construction Industry Research and Service Trust Fund actually go towards industry research and service?

    No.

    Just today the IUOE Midwest Operating Engineers Construction Industry Research and Service fund contributed $245,272 to a joint IUOE Local 150 / Management PAC named Chicagoland Operators Joint Labor-Management PAC.

    The same IUOE Local that has contributed to Jack Franks political campaign and is attacking the McHenry County Board and opposes the Bruce Rauner Turnaround Agenda.

    The IUOE does not want to compete on the open market against labor which does not include as high of, or maybe no, Construction Industry Research and Service fund costs.

    While the hourly amount for the Construction Industry Research and Service Fund is maybe 25 or 35 cents, that adds up when including all the man hours that go into a construction project.

    Here is an example of some more fringe benefits included in the hourly costs of many construction projects involving IUOE labor:

    – Health & Welfare Fund

    – Pension Fund

    – Retiree Medical Savings Plan Fund

    – Retirement Enhancement Fund

    – Vacation Savings Fund

    – Apprenticeship and Skill Improvement Fund

    Could there be some savings if IUOE had to compete on the open market with no prevailing wages, having to justify their labor costs, and still paying a fair wage, even including the above line items, just at a reduced cost.

    Certainly.

    That’s what prompted the targeted attack on the McHenry County Board.

    The Governor attempting to level the playing field.

    ———–

    The IUOE MOE Construction Industry and Research Service Fund is being used for political contributions in addition to whatever construction industry and Research is actually being done.

    According to Illinois Sunshine, over $9 Million has been contributed from Midwest Operating Engineers Construction Industry and Research Service Fund, to Chicagoland Operators Joint Labor Management PAC, by FAR the largest contributor to Chicagoland Operators Joint Labor Management PAC.

  29. Does that in any way change the facts?

    You are essentially arguing they should be left to continually abuse the system because you don’t like who pointed out the fire.

    @Mark- exactly who is paying for the pension, healthcare and mileage of the county board if not the taxpayers?????

  30. Once again, the letter from Representative Franks to the McHenry County States Attorney on March 1, 2016 implicates other County Boards but Mr. Franks and IMRF have chosen to only target McHenry County Board, and only after Jack Franks contributor IUOE Local 150 union was upset the Republican County Board voted for the Republican Governor Bruce Rauner’s Turnaround Agenda.

    Legislation resulting from Jack Franks votes for legislative pension & retiree healthcare benefit hikes to underfunded pensions & retiree healthcare has far greater financial impact on taxpayers than McHenry County Board pensions.

  31. OK- so that shows bad governance and a lack of attention in yet another area.

    Who says that Franks vote and the county board are mutually exclusive.

    Wrong in both cases.

    Don’t you think it shows more integrity to fix the county board house and then point the finger at Franks?

    TO say this is ok because he votes for unfunded increases is Illogical.

  32. I’m so glad I have hobbies Instead of hating on people and wasting time blogging, my first and last blogg.

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