If there are violations of federal rules, Illinois has no clue as to how many workers are impacted. The state doesn’t know what the penalties might be. It hasn’t studied the legal questions. Pension calculations by actuaries have not been performed to determine the need or the cost.
I don’t think anybody knows what an individual’s pension will be OR what Social Security will provide in the future. Figure it out at retirement and provide a make-up annuity. Nobody should oppose kicking the can or burdening the taxpayers of tomorrow. SOME future generation will catch on and file for bankruptcy and let the retirees fight over the bones.
Brian Jones
1 year ago
We already know there’s a problem. Illinois can’t afford the pensions.
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.
I don’t think anybody knows what an individual’s pension will be OR what Social Security will provide in the future. Figure it out at retirement and provide a make-up annuity. Nobody should oppose kicking the can or burdening the taxpayers of tomorrow. SOME future generation will catch on and file for bankruptcy and let the retirees fight over the bones.
We already know there’s a problem. Illinois can’t afford the pensions.