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In-fighting among members of the Maine Township Board continued this week as elected officials resumed their dispute over the assessor’s interest in receiving a municipal pension.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Maine township republicans gonna lose control of that township forever. The pension recipient at issue is one of state rep Marty Moylan’s ex-wives. Now is the time to dissolve Maine Township. It serves no purpose that can’t be transferred to the local municipalities Niles, park ridge and des Plaines.