Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
If publicly funded, aren’t the non-for-profits already currently required to pay prevailing wage?
Absolutely not. Most non – profits pay crap wages, many starting around 32K or so… that’s because many non – profits are notoriously crappy places to work in general. I had a previous job at one workforce nonprofit; we were unionized and we fought to get our pay up to a measly $38K, which is not anywhere a living wage. Management was severely abusive to boot, so the union helped a bit, but most peeps ended up leaving after a short time… Another poverty – reduction non – profit I know unionized mainly to ensure safer working conditions for their… Read more »
The best leverage is to find another job. Then maybe we could stop pretending that all of these programs actually accomplish anything.
That’s exactly what I did…
The world does NOT need more “social workers”…
When Unions can’t win based on the merits of membership they count on their paid and purchased politicians to enforce membership. This is just more proof of the criminal collusion between unions and politicians and another reason to gut all public sector union pensions since they are the result of criminal conspiracy.