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State Rep. Nicole La Ha said one solution is to change how schools are funded and redirect funds previously allocated for pension obligations. "With the percentage of our state budget dedicated to pensions decreasing over time, there's an opportunity to redirect those savings to property tax relief," said La Ha. Another measure would require local governments to return excess funds to residents.
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Expect no retraction or apology. This what they do.
“With the percentage of our state budget dedicated to pensions decreasing over time, there’s an opportunity to redirect those savings to property tax relief,” said La Ha.
What? Pension costs are decreasing? This article seems to be missing something. Or maybe I am.
Pension costs will never decrease. Not now that Amendment 1 is in the constitution. Illinois taxpayers shot themselves in the foot and infection is going to kill the host.
I believe you are missing some key words. Percentage of our state budget dedicated to pensions has been decreasing. That doesn’t mean pension payments are decreasing. Instead it reflects the growth in revenue.
Increase in revenue that barely paces inflation, and trails our surrounding states! BURN!
It’s hard to believe the pesion obligations are decreasing over time and JB wants to eliminate the new tier 2 pensions and revert them back to teir 1 letting all state employee’s, which includes teachers, retire with 100% pay at 55 instead of 67 like the rest of us stiffs also not getting 100% retirements, mostly none!
Do you get paid to lie or is it just complete ignorance? JB doesn’t want to eliminate tier 2 and tier 1 doesn’t get 100% pay at 55.
Nothing about what you said on Tier 2 is correct.