“The public should be worried that consolidation will deflate pressure for real pension reforms. Politicians are going to act as if they’ve really done something – and they haven’t.” – Ted Dabrowski on WTAD
This week on WTAD, Ted talked all about the release of Gov. J.B. Pritzker’s state economic development plan and his pension consolidation task force’s recommendations. He said “if you can make 1-2 percent more on your investments, you should do it. But don’t call it a monumental action. It doesn’t fix the pension problem, it doesn’t get rid of all those 650 pension funds. It doesn’t free cities from overbearing state control.”