“We won’t get real pension reforms out of Springfield as long as politicians get big pensions themselves” – Ted on WTAX

Ted was on WTAX with Joe McLaughlin last week talking about Wirepoint’s push to end lawmaker pensions in Illinois.

Real reforms won’t happen as long as lawmakers’ conflict of interest over pension reform continues. Both candidates and new lawmakers must refuse to take a pension so they can vote to bring about real change.

 

Read more about Wirepoints’ push to end legislative pensions:

Shut down Illinois lawmaker pensions (Part 1): They’re already bankrupt

Yes, Illinois can eliminate legislative pensions

 

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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