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Thursday, Oct 30, 2014
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Recent Comments

eaglebeaky - Mid-America Port Authority pledged $1.3 million from Illinois - Quincy, IL News - QuincyJournal.com
What the heck are you talking about, XBC? (To be honest with you, I didn't even realize that your previous comment was directed towards me.) What group is it that you seem to think I am "trying to lump Rauner into"? That's news to me... especially since I'm actually supporting Mr. Rauner this time -- if only because (in my opinion) he is (marginally) the lesser of two evils. (And,…
AYHSMB - Rauner racking up newspaper endorsements - Quincy, IL News - QuincyJournal.com
Calling him a Republican is misleading. Still, better for the State than Quinn.
AYHSMB - Amazon to open facility in Illinois, hire 1,000 - Quincy, IL News - QuincyJournal.com
WC. Got that right.
eaglebeaky - Illinois quarantine for people who touched Ebola patients - Quincy, IL News - QuincyJournal.com
Oh, I see. Point well taken, AYHSMB. Thank you for the clarification. (I guess I'm just hoping that nobody starts throwing that kind of negative stuff around in relation to the Ebola issue. That's probably just wishful thinking on my part... but I'd like to hope that some sense of civility and humanity will win out -- at least while the doctors and nurses lives are at risk.) It's…
AYHSMB - Illinois quarantine for people who touched Ebola patients - Quincy, IL News - QuincyJournal.com
sorry for the late reply, eagle. Just seems as of late we can't do anything sensible without someone being accused of racism.

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10 months ago Chicago Tribune

Illinois Retired Teachers Association files first lawsuit in Cook County

From Chicago Tribune:

The Illinois Retired Teachers Association filed suit Friday challenging the constitutionality of the state’s historic but controversial plan to deal with the nation’s most underfunded public employee pension system.

The lawsuit is the first of what could be many filed on behalf of state workers, university employees, lawmakers and teachers outside Chicago. The legal challenge argues the law, which limits cost-of-living increases, raises retirement ages for many current workers and caps the amount of salaries eligible for retirement benefits, violates the state Constitution.

The lawsuit, filed in Cook County Circuit Court on behalf of eight non-union retirees, teachers and superintendents who are members of the state’s Teacher Retirement System, contended the constitutional “guarantee on which so many relied has been violated.”

“Countless careers, retirements, personal investments and medical treatments have been planned in justifiable reliance not only on the promises that were made in collective bargaining agreements and the Illinois Pension Code, but also on the guarantee of the (state constitution’s) Pension Protection Clause,” the lawsuit said.

But a spokeswoman for Democratic Gov. Pat Quinn, who signed the pension changes into law this month after years of political stalemate, said that just as a lawsuit had been expected, the administration “(expects) this landmark reform will be upheld as constitutional.”

At issue is a provision of the 1970 Illinois Constitution which states that public pensions represent“an enforceable contractual relationship, the benefits of which shall not be diminished or impaired.”

The new law, however, scales back what had been annual 3 percent compounded cost-of-living increases to retirees. Instead, retirees would get 3 percent, non-compounding yearly bumps based on a formula that takes into account their years of service multiplied by $1,000. The $1,000 factor would be increased by the rate of inflation each year.

The measure also requires many current workers to skip up to five annual cost-of-living pension increases when they retire. For current workers, it also would boost the retirement age by up to five years, depending on how old they are.

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