Pension Benefits
Budget Expert: Lawmakers’ Refusal Of Pension Benefits ‘Irrelevant’ To Pension Crisis
Several state lawmakers have opted out of their legislative pensions, while the state continues to struggle with a massive pension debt, but a local budget policy group said the lawmakers’ actions are neither effective, nor relevant.
Lobbyists Drawing Lucrative Pensions Partially Paid By Taxpayers
They aren’t government employees. They are in effect lobbyists, but their salaries and pensions are funded in part by your tax dollars.
House Dems: Even Ill-Gotten Pension Benefits Can’t Be Revoked
Some Democrats in the Illinois House are flip-flopping on whether to crack down on pension abuses by union officials, including two lobbyists who got teacher pensions for working just one day in the classroom.
Ill. House Reconsiders Closing Pension Loopholes
Some Illinois lawmakers are having second thoughts about cracking down on pension abuses by union officials, including two lobbyists who qualified for teacher pensions by spending a single day in the classroom.
Senate Pres.: Cutting Pension Benefits Is Unconstitutional
Illinois Senate President John Cullerton (D-Chicago) says cutting pension benefits for current state employees is, in his words, “clearly unconstitutional.”
Daley Says Pension Reform Could Force Historic Tax Hike
Illinois lawmakers have approved a pension reform proposal that Mayor Richard M. Daley warned would result in the largest property tax hike in Chicago history.
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