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.
How can employers, especially small employers, possibly keep up with all these new equity mandates? The states also going to have to hire an army of workers to keep up with the compliance
That’s the point!
And the Illinois lawyers assoc feasts