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If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
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What a deceptive headline and completely expected from the soon-to-be-defunded Pravda WTTW. Correct Headline is “Public Sector Unions Rally in Springfield, Urge Lawmakers to Change State’s Tiered Pension System”. Public Sector unions hiding behind real worker unions just like the media deceptive “Newcomers” in lieu of criminal illegal aliens. Public Sector unions are unconstitutional and will soon be illegal. Democrat’s corrupt sugar daddy will be gone.
These union people don’t realize that seniors, many of them live onsocialsecurity such as myself, any tax increases affect me seriously. The unions care little for others they just want and want.its time for common sense to prevail They put lesst than 6% of of there salaries and draw massive pensions ( look at the pensions nearrIllinois pays out, some as high as $700,000.00 a year and over. 10,000 get over a $100,000.00 a year. And some of us live on $1600.00 a month losing our homes we worked years to pay for because of pensions. Taxes and irrational spending.… Read more »