Curley – Teacher Pension Calculator
Prepared by Bill Zettler Bill Zettler is a free-lance writer and consultant specializing in public sector compensation. He can be contacted at this email address. Click here to read more by Mr. Zettler.
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26 Million Reasons Why We Need to Reform Illinois Public Pensions
By Bill Zettler Gary Catalani District 200, $9.49 million, James Hintz Stevenson District 125, $8.63 million, and Mary Curley Hinsdale District 181, $8.20 million: total $26.32 million due in pension payments over their…
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If Warren Buffet is Right: Average Investment Return Is 6.5% not 8.5%
Then Annuity Contribution Chart: Teacher 8.4% vs. Employer 46% Prepared by Bill Zettler Assumes 6.5% Return Compounded instead of TRS Actuarial Assumption of 8.5% Assumes Starting Salary 34 Years Ago was $12,000 Increasing…
Read MoreAnnuity Contribution Chart: Teacher 8.4% vs. Employer 31%
Assumes 8.5% Return Compounded per TRS Actuarial Assumption. Assumes Starting Salary 34 Years Ago was $12,000 Increasing at 6.5%/yr (Teacher Retirement System Assumes 6.5%). Annual Salaries Years 28 to 34 Are From Il. Dept….
Read MorePension Contribution: Employee 8.4%, Employer 31% (or maybe 46%)
How do we value a pension for a public employee? We think it is fair and reasonable to compare the value of that pension by using the dollar amount needed to purchase a pre-paid…
Read MoreCorrecting the Hormonal Imbalance in Springfield
State Senator Debbie Halverson seems to think there are differences between men and women but unlike Larry Summers, the President of Harvard, she is not being politically corrected for those thoughts. She is not…
Read More‘We Have Met The Taxpayer and He Is Us’
Those of us who remember the great comic strip character Pogo may remember one of his more memorable quotes: “We have met the enemy and he is us.” If Pogo were still around today…
Read More“We Have Met The Taxpayer and He Is Us”
Those of us who remember the great comic strip character Pogo may remember one of his more memorable quotes: We have met the enemy and he is us. If Pogo were still around today…
Read More‘Moral Imperative’ Public Pension Tax Relief for All Illinois Families
By Bill Zettler Recently the Champion received an email from Assistant Professor at the University of Virginia’s School of Finance. In his email he questioned the assumptions made in some of the projections of…
Read MoreABC News: Six-Figure Public Employee Pensions
This website was featured on the local ABC News on May 16, 2007, and website contributor Bill Zettler was interviewed. Here is an excerpt from the report: Even the pension of former U.S. president…
Read MoreABC News: Six-Figure Public Employee Pensions
The Family Taxpayers Foundation’s website, which used to host the teacher salary database now is found on this site, was featured on the local ABC News on May 16, 2007. Website contributor Bill Zettler…
Read MoreNothing Good Happens Without a Profit
Nothing good happens without a profit. And how do we maximize this goodness? By lowering taxes, that’s how. As three successive generations of Presidents (Kennedy 1961, Reagan 1981 and Bush 2001) have proved when…
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Top 100 Illinois Taxpayer Funded Pensions
Prepared by Bill Zettler Bill Zettler is a free-lance writer and consultant specializing in public sector compensation. He can be contacted at this email address. Click here to read more by Mr. Zettler.
Read MoreCross Dressing Taxes
Men who dress up as women are called “cross dressers”. They pretend to be women but we know really underneath they are men. Likewise taxes are not always called taxes. They can be called…
Read MoreCandlelight Vigil for Taxpayers
I think we need a candlelight vigil for the taxpayers of Round Lake District 116. I bring this up after reading in the Herald how the teachers union in District 116 held candlelight vigils…
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