Category: Pensions
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Readying To Balloon Illinois Pension Debt
This week as many of us were busy tidying up last-minute details in preparation for Christmas and New Year celebrations, important stories on a myriad of issues came out.
One of those stories will likely be the subject of one of the biggest debates in next year’s Spring legislative session in Illinois and taxpayers better beware.
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Pension Scam – Unions Want to Undo Tier 2
The public sector unions are going ALL IN to get rid of the Tier 2 Pension System enacted January 1, 2011. They have been telegraphing its demise since the day the legislation was signed into law. If this happens, the taxpayers are doomed.
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Brandon Johnson has a problem
Literally numerous articles and even an entire book have been written about Illinois pensions. I am not going to regurgitate other people’s work or explain every nuance to every pension plan or everything that has been said about pensions in Illinois, instead, I will provide you with some of my personal experiences involving the issue and some links from credible sources.
