Governor Reaches Out to Puerto Rico – Press Release

Rauner: “I am ready to send our Guardsmen on a mission to make sure the people of Puerto Rico are safe and healthy as they find a way to rebuild after such a tragic blow. We are one people, united by our love for this country and our willingness to help each other in times of need.”

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Phony budget savings of $500 million from pension change now fully exposed

The JouralStar reported yesterday that the new Tier 3 pension plan can’t be implemented before next fiscal year for TRS, the state teacher’s pension which represents over 60% of the state pension system. Tier 3 is for newly hired workers in TRS and SURS and for their Tier 2 workers who opt in. But the article didn’t connect the dots and missed the real impact. The new state budget, recently passed along with the Tier 3 changes, assumed $500 million dollars in savings from the change this year. That clearly won’t happen (though some minor changes may be realized if

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