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As promised last time, let’s give Bruce Rauner’s budget and fiscal proposals some attention. As a supporter of limiting government, I’m in favor of much of what Rauner has to say. The problem is,…
Read MoreAs promised last time, let’s give Bruce Rauner’s budget and fiscal proposals some attention. As a supporter of limiting government, I’m in favor of much of what Rauner has to say. The problem is,…
Read MoreThe state employee pension systems should be shut down and the state should get out of the pension business. When government unions are allowed to run up the cost of paying state employees to…
Read MoreBack on October 2nd the title of my post was, “People are not being reached; really, they’re not.” That can’t be said often enough. A perfect example of what people don’t know is the…
Read MoreThe following is from an email from the National Review about Detroit’s government pension mess (which is structurally no different from Illinois’). A few more links follow below. Detroit’s Pension Managers: Somehow Worse than…
Read MoreBy Jack Roeser and Bill Zettler As we listen to the endless cries of “We need pension reform” emanating from Springfield it is easy to assume that the proposals being bandied about will actually…
Read MoreIt’s called corruption, folks. And if you want to read more about the Illinois version of this scam check out Bill Zettler’s work. The following is from American Thinker: Our President likes to use the phrase “millionaires and billionaires.” A person whose net worth is $1 million or more is a “millionaire.” […]
Read MoreAnyone who knows the basic outline of the teacher pension problem understands that the public schools aren’t good at math. The arithmetic of the pension funds proves the adults within the system don’t know…
Read MoreBill Zettler has a new article posted titled, “10 Things You Probably Don’t Know About IL State Pensions.” Here are the 10 – follow the link at the bottom to read the entire article:…
Read MoreThe silly people who make up the Chicago Tribune editorial board are shocked, shocked! at the fact that retiring state rep Roger Eddy is cashing in big time when it comes to his public…
Read More11 Amazing Facts About Illinois State Pensions: 1. Based upon current rules more than 25,000 public employees will have $100K plus pensions by 2020. 2. Every one of these public “Servants” is a taxpayer…
Read MoreLast Name Annual Pension Pension Paid Out to Date Das Gupta 414,471 2,790,107 SURS Abraham 402,630 1,773,973 SURS Barmada 386,334 4,430,947 SURS Mafee 359,360 1,766,637 SURS Abcarian 328,865 929,095 SURS Albrecht 327,623 1,395,697 SURS…
Read MoreRetiree Name Annual Pension Total Pension Paid out to date Total Contributions BERMAN, ARTHUR 203,428 1,751,569 109,293 PETKA, EDWARD 161,280 291,434 171,449 ERWIN, JUDITH 141,476 171,140 238,038 FRIEDLAND, JOHN 140,649 1,993,957 66,716 EDGAR, JAMES…
Read MoreName Annual Pension Pensions Paid Out To Date PARWATIKAR, SADASHIV 179,097 1,388,820 MODIR, KAMAL 161,876 1,912,765 VALLABHANENI, NAGESWARARAO 138,087 1,467,557 BAIG, MIRZA 135,465 1,026,589 KADKHODAIAN, HOOSHMAND 132,406 1,335,441 HARTMAN, EDITH 131,897 1,187,422 LOFTON, JOHN…
Read MoreRetiree Name Annual Pension Total Pension Paid out to date Total Contributions BARRY, TOBIAS 181,325 1,672,488 171,583 HARRISON II, MOSES 176,707 1,432,635 179,423 FITZGERALD, THOMAS 176,006 178,845 188,617 RARICK III, PHILIP 175,850 1,109,449 179,998…
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