Wirepoints’ Mark Glennon guest on AM560 with Chris Krok discussing CTU lawsuit agains Illinois Policy and more
August 19, 2026
7 Comments
Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
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.
Illinois paid the price for embracing Fauci’s “science.” Here’s the retrospective.
It would be interesting to see the actuarial report in support of this change as it would seem to reduce contributions to the pension fund and thus speed up attainment of pay as you go status. Over many years it might reduce expense, but I imagine that the unfunded ratios will rise if new employees elect the alternative to any significant degree.
Never going to happen in Illinois, pensions are worth far too much to the public sector unions. The unions run this state.
This is a good example of how little thought you put into your comments. The proposal is only to make it an option. If regular pensions are worth so much that the public workers will keep them, then they can. Plus, the options is already available and working at SURS. And please stop trying to blanket this site every day with trolling about Donald and Melania Trump, and other things unrelated to our topics. We delete them anyway.
Pensions are a form of Golden Handcuffs. We will see how the bill plays out. Censorship by you is wrong, the readers should decide for themselves as to what they want to read.
Letting you say the same thing once or twice each day, which we do, while deleting multiple others saying the same thing is not censorship. Deal with it or leave.
Nearly every business operating out in the real world and having to pay to keep the lights on abandoned the defined-benefit pension plan decades ago. Only in government does it make any sense to continue to offer these budget-busting schemes. A 403b plan gets government employees the same benefits that private sector employees receive, and it wrests control away from political animals such as a Chicago political animal, Treasurer Melissa Conyears-Ervin, who sacrificed return on investment in favor of naked political grandstanding that cost taxpayers money.
This change is decades overdue.