David Greising, of the Better Government Association: "In other words, merely understanding the scale of Illinois’ pension problem is complicated enough. Devising the tools to fix it could require a degree in public finance, not to mention a talent for political finesse."
Why is Greising calling this “pension reform”? It’s about increasing Tier 2 pension benefits, raising taxes to fund them and issuing bonds to fund them.
Not to worry Mark, one day soon you will become a resident of Wisconsin. It will be the best day of your life as it has been for tens of thousands of others.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Why is Greising calling this “pension reform”? It’s about increasing Tier 2 pension benefits, raising taxes to fund them and issuing bonds to fund them.
Not to worry Mark, one day soon you will become a resident of Wisconsin. It will be the best day of your life as it has been for tens of thousands of others.
Funding pensions is pension reform. Hoping the courts will let you lower the amount owed is not a plan and merely wishful thinking.