CHICAGO - Earlier this week, the Civic Committee wrote a letter to Commercial Club members about how disappointed they are that Illinois' voters chose to keep the same people in office that led to the state's $200 billion pension deficit. After sounding the alarm consistently about the coming financial disaster and being outright ignored by the voting public, the committee has determined the situation to be "unfixable."
Taking contributions from younger teachers amounts to "fraud," they told their members in the letter, because those contributors will never have their money returned to them in promised pension benefits.
The group offered three steps that needed to be taken when current lawmakers return to the post-election veto session:
Civic Committee memo to members of the Commercial Club