While we were on vacation, the McHenry County Board finally reacted to the attack that State Rep. Jack Franks made on the part-time members’ for being in the Illinois Municipal Retirement Fund pension program.
Without dissent, they voted to abolish their participation in it.
That will start the beginning of December, when the new members take office.
Yesterday, I ran a press release from Jim Tobin comparing the July 3% increase in pension that former Governor Jim Thompson with the teeny increase those on Social Security will receive next year. (My pension also goes up 3% this month. Although I am sure not many will care, I was a full-time, not a pert-time State Representative and County Treasurer.)
In any event, a commenter posted the following about State Rep. and County Board Chairman candidate Jack Franks:
[There are readers who would like instructions of how to post their images on the the comment section of this web site. If anyone can provide such instructions, I’ll turn them into a stand along article.]
The total taxpayer savings from eliminating County Board IMRF pensions is about the same as Franks will take home every year, assuming he doesn’t run for another term…in which case his pension will be higher than the County Board pension cost.
And, of course, Franks is still on the ballot to run for a tenth term, where, if re-elected, he would be voting for the tenth time to make Mike Madigan House Speaker.
Will Franks run?
He told Pete Gonigam, the only reporter to attend the Sunday morning Democratic Party slating caucus on May 15th, the following:
“Franks qualified that saying he’d give up the Rep. race if the Committee can pick another candidate who’s both ‘electable’ and holds a political outlook consistent with his own.”
Maybe Gonigam caught Franks off-guard…before he honed the message he would later give all other reporters.
In any event, if his name isn’t here, Franks is still on the ballot.