-- Connecting the dots between our economy, government and business --
Editorial: Another public pension boost is last thing Illinois needs – Champaign News-Gazette
"They say that Tier 2 benefits 'may' not meet 'safe harbor' requirements that mandate that they at least equal Social Security retirement payments. They may be correct, but they may not be. Before doing anything, why not find out for sure? And if they do fall short, why not find out how much it would cost to bring them into 'safe harbor' line?"
SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER
FOLLOW US
WIREPOINTS ORIGINAL STORIES
Audio and summary Illinois bill would override local law to allow homeless living in all public parks – Wirepoints
April 14, 2026
27 Comments
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.
Mark Glennon on AM560’s Morning Answer: Chicago Fiscal Crisis Worse Than Pre-Bankruptcy Detroit, HIV Surge and Public Health Threat From Open Borders Goes Unreported
April 10, 2026
2 Comments
Summary and audio linked here.
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
April 3, 2026
9 Comments
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.
WBEZ and Chicago Sun-Times falsely blame Texas Gov. Abbott for 2020 to 2024 surge in Chicago Latino HIV, AIDS infections – Wirepoints Quickpoint
March 31, 2026
11 Comments
Expect no retraction or apology. This what they do.
If another public pension boost is the last thing Illinois needs, then, it’ll happen, because taxpayer abuse never seems to be a consideration.
The usual gang of idiots will boost the pensions.
State insolvency only a breath away.
i don’t understand what the issue is-why doesn’t someone make the calculations regarding T2 vs SS benefits and end all of the wild speculation?
Because an objective calculation would not support their cause. And that fact that a union member down-thumbed your logical post shows how opposed they are to fact-finding and truth.
Why would they bother to do that? They historically have never done that and when presented with the evidence of actuaries the damage that has been done they ignore that too. You must be new around here.
Votes. Union votes