-- Connecting the dots between our economy, government and business --
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.
Full interview and summary linked here.
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Where are they going to get the $90,000.?
The call center will be based in India! Ghostbusters, Whaddaya Want?!
Group O, which is based in Milan, IL (Rock Island County) and also has a call center there, is the recommended vendor on the agenda for tonight’s board meeting at the City of Peoria.
There was no indication if Group O does any call center work from India.
About 6% of the City of Peoria population is Hispanic or Latino, so in the RFP the City may have included the ability to handle Spanish speaking customers.
Some India based call centers have the ability to handle Spanish speaking customers.