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Sunday, May 28, 2023

Tag: pensions


Ideas on how to fix Illinois’ pension problem

Illinois' pension deficit is a concern that is growing exponentially year after year. It's not unusual to hear complaints about the situation and the...

Wirepoints: Soon to be more Chicago pensioners than active workers

From Wirepoints April 22, 2019:  You can’t help but call it a Ponzi scheme. Not if you look at Chicago’s collapsing demographics and consider how...

Illinois Supreme Court rules in favor of state workers’ union officials

SPRINGFIELD - Last week, the Illinois Supreme Court in favor of a perk that benefits only government employees that work for their unions. It...

State rep Batinick responds to friendly fire on proposed pension solution

PLAINFIELD - State Rep. Mark Batinick (R-Plainfield) proposed a solution to Illinois' $130 billion pension earlier this week - something he says the state's...

Illinois taxpayers fund nearly 20,000 retired teachers’ six-figure pensions

US News photo CHICAGO - There's a growing moan about Illinois' property taxes being some of the highest in the US. But property taxes aren't...

Chicago’s credit rating now just above junk bond status

Bloomberg graphic shows how Chicago ignored paying pension obligations over last decade CHICAGO - Ignoring invoices and expanding programs rather than paying bills will get...

Skillicorn: Time to End State Legislative Pensions Now

By Allen Skillicorn -  While the Illinois Municipal Retirement Fund investigates the McHenry County Board to determine if part-time county board members work a...


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