Sunday, Jan 25, 2015
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CoolEdge - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
everyone should fund their own retirement ... yes. But government gets different terms, retires early with open ended promises. So those others you want to get into a retirement plan of their own are funding the early and lucrative plans of government workers. It's not about stripping retirement from those that have it, but having everyone fund their own. "in Moline, that city has seen…
Quijote57 - Illinois education board wants $730M more pre-K-12 funding - Quincy, IL News - QuincyJournal.com
So ISBE wants more state money. How about all the money owed to the schools from previous years? That alone would go a long way for some of the financially struggling districts. I hold no hope of seeing the $750M ever trickling down when there are several hundred millions in arrears.
ChristiMay - The Patio restaurant could open as early as February 1 - Quincy, IL News - QuincyJournal.com
They must be doing something right; they have been open for over 50 years. I don't think we can say that about many other restaurants around here. If someone knows so much about their food and prices, are they the ones trying to keep out the riff-raff? As with any other business, one can choose to support it or not and should not be subject to snide comments either way. Maybe people just want…
UJacks1 - Ten now filed for Quincy School Board - Quincy, IL News - QuincyJournal.com
Will Qcy Journal give a few points on each of these candidates? What do each stand for? Against? Board of Ed - pro or con on Common Core? Their concerns regarding new building projects? Etc? Park Board - rebuild WestView GC? add an executive par 3-4? or simply move the tees? spending attitude? tax attitude?
TheyRclueless - QPD warns of "Mystery Shopper" scam - Quincy, IL News - QuincyJournal.com
This is one of the funniest clips Ive ever heard..... https://www.youtube.com/watch?v=-7OgWcwgB50

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Mandatory IRA bill passes Illinois Senate

9 months, 1 week ago by Bob Gough

Bill would force employers to set up IRA's and automatically deduct 3 percent from employees' checks

A bill has passed in the Illinois Senate that would force employers to establish Individual Retirement Accounts for their employees

SB 2758,  passed Wednesday by a 30-22-2. Sen. John Sullivan (D-Rushville) was one of the two present votes. 

The Bill mandates employers set up an automatic Individual Retirement Account for their employees, a system to be administered by the Illinois Dept. of Revenue and a newly created Board led by the Illinois Treasurer.  The legislation targets small businesses with 25 or more employees and forces them to not only set up the accounts but also automatically deduct at least 3% from their employees’ paychecks. 

An employee would have to actively pursue “opting out” if they did not want to participate. The bill doesn't force employers to match their employee contributions

The measure now moves to the Illinois House.

The bill is dubbed the The Illinois Secure Choice Savings Program and is supported by AARP Illinois, Illinois Asset Building Group, Sargent Shriver National Center on Poverty Law, Woodstock Institute, Heartland Alliance, SEIU Illinois/Indiana and over 45 other businesses, associations and advocacy groups. 


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Bob Gough on Twitter

Bob Gough 10 hours, 21 minutes ago

RT @Texas Guy: Yep, leader of the free world was doing this as Yemen fell to Iran backed rebels. #YemenCrisis #presidentselfie http://t.co/IYzWd4K4PD
Bob Gough on Twitter

Bob Gough 10 hours, 21 minutes ago

RT @Ray Weast: "@tvbrad: BREAKING: Family attorney confirms to CBS 2 that Mr. Cub, Ernie Banks, has died. He was 83." Sad Day!
nichols120 on Twitter

nichols120 10 hours, 44 minutes ago

RT @msnbc: Union membership keeps dropping -- only 11.1% of American workers were members of labor unions in 2014: http://t.co/gzu3AhyEWX
Bob Gough on Twitter

Bob Gough 11 hours, 12 minutes ago

QHS 54, Rock Island Alleman 20. Final.