Ted joined Greg Bishop of the Center Square to discuss Illinois’ worst-in-nation state pension debts, why Illinois is so uncompetitive because of those debts, why pension reform would lead to better growth in the state, and more.
Click here to read the Center Square Piece: Illinois’ pension debt grows
Read more from Wirepoints:
- Chicago’s black hole: Pension debts jump even though taxpayers pour billions into city funds
- This one graphic explains why Illinois is such a financial mess
- Illinois government’s $100K salary and pension club: 140,000 members and rising
- Look for Chicago’s pension mess to become worse. That’s a bad sign for taxpayers
- Illinois state pensions: Overpromised, not underfunded – Wirepoints Special Report
Audio and summary 
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.
Expect no retraction or apology. This what they do.
NY police-Lt. Quathisha Epps is expected to receive a pension of approximately $16,000 per month after her early retirement.
Chicago Cops and Firemen do the same thing but to a much less degree.
Exclusive | How NYPD’s top earner raked in $403K last year — including an eye-popping amount in overtime
Spiking the pension at the end of Carrer has been a very common thing for decades.
Ted rally nails it here. Great work!
Illegals welcome to Illinois The land of Pritzker, From the corrupt politicians of Illinois. Fixed the signage.
There is never a discussion on reducing benefits or using other state spending to ease the soon to be crisis. Take the 5 billion dollars the CTA wants to waste extending the red line to 130th st. Do we really need this from CTA while the org. is in a fiscal crisis.
Why change anything when you can rob the taxpayers blind at whim?
Apparently, you slaves have not paid your fair share.
Just let it go Bankrupt; the courts will figure it out.
When checks start to bounce everyone will be more reasonable.
The sooner the better, the pain will end.