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If you guys and Mr Gough want to have a real convo why don't you ask Peters and the district how come my kids have to wear winter coats into the Qhs building and why we have so many problems out there with the new HVAC system!
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They..... I'm fully aware of some of there wages as well! But there not in the media making comments about things they don't know anything about! Irving should have been sold along time ago! We have people renting it from us knowing we will never use this building again! I mean look at Dewey school way worse than Irving by far, but our kids are in that building still! I don't want to…
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Dish and Direct do not use City property for their systems. They are satellite based..."beam me down Scotty". Only physical presence is their antenna on your building or in your yard, both private property. Don't know about the phone company. But they are required to share their lines with other carriers. So, who pays that?
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This whole trash fiasco started out with the TLE's (aka Kyle Moore) Director of Administrative Services thinking the cost of Workmen's Comp insurance premiums could be dramatically reduced if the City used the totes and trucks equipped with lift devices. The decision was made to offer that service to residents at a considerable cost increase over the sticker system. The totes cost $65 up…
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Here here! We must remember that in 1856, the GOP was a fledgling upstart made up of former Whigs and a few Democrats. Then, once Lincoln won the White House in 1860, the GOP held the Presidency for most of the next 50 years, except for the two Cleveland terms. So there is hope for another party to rise and take the place of the Repulicrats/Democans. The sooner the better!

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Illinois pension reform numbers not kind to taxpayers

Illinois pension reform numbers not kind to taxpayers

1 year, 3 months ago By Benjamin Yount, Illinois Watchdog

Illinois’ public employees could pay less for their own retirements

SPRINGFIELD  —  Illinois’ public employees could pay less for their own retirements.

And, they still could leave the job as young as 55 and cash in a pension for as much money as they can get, leaving taxpayers on the hook for most of the costs under the latest pension “reform” plan in the state.

Details are leaking out of Illinois’ special pension committee, the group of lawmakers tasked with fixing the state’s worst-in-the-nation pension systems. But state Rep. Elaine Nekrtiz, D-Northbrook, who leads the panel, said nothing is final.

“No one said ‘yes,’ but no one said ‘no’ either,” Nekritz told the Chicago Tribune.

Republican state SenBill Brady, who is on the pension committee and is running for governor, said there is nothing to vote on yet.

“It’s just a numbers game at this point,” Brady told Illinois Watchdog.

But those numbers do not appear to be stacked in favor of the 95 percent of Illinois taxpayers who do not receive a public pension.

The latest compromise plan is suppose to save Illinois taxpayers $145 billion over the next 30 years. It’s less than the so-called Madiagn plan, SB1, which would save a reconfigured $163 billion by forcing pension changes. But the committee’s plan would save far more than the so-called Cullerton plan, SB2404, which would save just $57.6 billion by giving employees a series of choices.

Automatic cost-of-living adjustments, which have been 3 percent, appear to be on their way out. Instead, pensions adjustments would grow at a rate of about half the amount of inflation. The We Are One Illinois Coalition, which represents state public employee labor unions, said that alone will cost retirees about 25 percent of their retirement benefits.

“Teachers, police, nurses, caregivers … deserve better from the conferees. So does the Illinois Constitution, which lawmakers are sworn to uphold and which provisions of the committee’s outline would directly violate,” a coalition statement read.

Brady was quick to say that “most of the reform savings would come from COLA adjustments.”

But public employees would benefit from three numbers: 1 percent, age 55 and $66,816.

Public employees in Illinois — teachers, state cops, university workers and the like — actually would pay 1 percent less toward their retirement plans than they do now. The average now is about 9 percent.

There are no plans in the latest pension-reform proposal to raise the retirement age. Many public employees could retire at 55 and collect pensions for the rest of their lives.

State Rep. Tom Morrison, R-Palatine, said unless Illinois fundamentally changes the overly generous retirement benefits for public workers, the state will not be able to afford its pension promises.

“We don’t have the (financial) freedom o do half measures. We need to be bold,” Morrison added. “I continue to believe that moving to a 401(k) plan is the only real solution that’s fair for both taxpayers and public employees.”

The average teacher pension in Illinois is $66,816 a year, according to the Illinois Policy Institute.

OpenTheBooks.com founder Adam Andrzejewski said that nearly 9,000 public retirees in Illinois make at least $96,000 a year from their pension, or about $8,000 a month.

Contact Benjamin Yount at Ben@IllinoisWatchdog.org and find him on Twitter @BenYount.


From the Newsroom

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RT @Danielle Tcholakian: "Today is the worst day of My life," writes the son of one of yesterday's slain NYPD officers. http://t.co/jZScBHGY9i
Bob Gough on Twitter

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RT @American Thinker: Time for sports teams to wear NYPD logo shirts http://t.co/FLRdc0jY5L
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RT @DanRiehl: oh RT @ByronYork: Golf round finished, Obama releases statement on murders of two NYPD officers: 'unconditionally condemn.'
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RT @John Groves: Al Sharpton should be treated no differently than Fred Phelps and the Westboro Baptist Church. #NYPDShooting