-- Connecting the dots between our economy, government and business --
The departure of Senate President John Cullerton, D-Chicago, highlights one example of how pension sweeteners Illinois lawmakers passed decades ago are putting taxpayers on the hook for extravagant benefits today.
Cullerton is set to receive more than $2 million in state pension payments over the course of his retirement, should he live to age 85. He will take home nearly $4.2 million if he lives to age 95, which is $1.3 million more than he would have received without the special sweetener.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
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Audio and summary
Maybe a WHISTLEBLOWER who was wearing a wire found out that Cullerton was part of a COLLUSION. If so would his pension be REDACTED? There would be no IMPEACHMENT since he voluntarily retired. Maybe there is some evidence of QUID PRO QUO! With all this going on he could suffer from an OBSTRUCTION would then the taxpayer then be liable for medical bills? Just curious! Happy Thanksgiving everyone!!!