Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
The payouts are much lower than what most Illinois pensioners get. In a broader report, the average pension benefit for state and local public employees in Illinois was given as $3,129 per month or about $37,547 annually (for the group overall) in one “Pensionomics” analysis.
This is what the cops, teachers and firemen should get paid and then they would be funded. Many of them get over $100,000 per year.