Illinois Manufacturers’ Association’s Baise says pension amendment needed – Crain’s

1 Comment
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
bob
7 years ago

“to ensure that politicians could not welch on their commitment to provide a modest retirement income to men and women who gave their careers to the public service.” I don’t think 6 figure pensions where the average pensioner only pays 4% of their total lifetime benefits and taxpayers get stuck with the bill for the other 96% qualifies as modest.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check all you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Number of half-empty Chicago public schools doubles, yet lawmakers want to extend school closing moratorium – Wirepoints

A set of state lawmakers want to extend CPS’ current school closing moratorium to February 1, 2027 – the same year CPS is set to transition to a fully-elected school board. That means schools like Manley High School, with capacity for more than 1,000 students but enrollment of just 78, can’t be closed for anther three years. The school spends $45,000 per student, but just 2.4% of students read at grade level.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE