Friday, Oct 24, 2014
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Removing The Pension Protection Clause

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UrKidsWillPay - GREDF supports Quincy School Building Referendum - Quincy, IL News - QuincyJournal.com
Short People got no reason Short People got no reason Short People got no reason To live They got little hands Little eyes They walk around Tellin' great big lies They got little noses And tiny little teeth They wear platform shoes On their nasty little feet Well, I don't want no Short People Don't want no Short People Don't want no Short People `Round here Short People got nobody…
1950Brutus - GREDF supports Quincy School Building Referendum - Quincy, IL News - QuincyJournal.com
I'm not sure that is a suit - the thing on the shoulder doesn't look like anything I've seen on a suit. But I am OLD - I don't see well, I don't hear well and I go the bathroom every 10 minutes
pimpdaddystyle - Man arrested for performing lewd acts - Quincy, IL News - QuincyJournal.com
OK, anybody can work for library, but NOT HIM!! lol
DaveVictor - GREDF supports Quincy School Building Referendum - Quincy, IL News - QuincyJournal.com
Still voting "Yes" despite this development. Probably need the QHW to endorse Quinn to restore some order in the universe. Who knew Jesus was on the GREDF board?
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UKWP--Get over it, Spring lost, Moore won

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Sen. Cullerton backs pension reform that will supposedly save $138 million

1 year ago From sj-r.com

Illinois Senate President John Cullerton said Wednesday he’s working to build support for a compromise pension reform plan that would save $138 billion over 30 years.

“There’s a compromise that we’re talking about right now,” Cullerton told the editorial board of The State Journal-Register. But he said that while the legislative pension reform committee  worked to develop and evaluate the plan, that group has yet to reach agreement.

The Chicago Democrat said he supports the plan, adding that he hopes it can be acted on during the veto session scheduled to begin Oct. 22.

Elements of the compromise include having what is now a 3 percent compounded cost of living adjustment added to pension payments changed to half of the Consumer Price Index. Cullerton said the COLA couldn’t drop below 1 percent.

“It has a ceiling of 4 percent,” he added, “which is important because if there is inflation, there could be an actual opportunity for people to … get more than they’re getting now.”

Estimates are that the proposal would have state pension funds fully funded by 2043.



Read more: http://www.sj-r.com/breaking/x452546738/Cullerton-backs-pension-reform-plan-to-save-138-billion#ixzz2gfwDdVMz


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