Friday, Jul 25, 2014
Quincy, IL News - QuincyJournal.com
Trending on the Journal

Related Headlines

Amending Illinois Constitution a tough path for pension reform

Illinois college retirement board OKs pension fix

Illinois universities search for ways to soften pension losses

Illinois' next pension issue: Police, fire funds

Illinois Senate president suggesting schools pay their own pensions

Recent Comments

1950Brutus - Quinn aide: Crime, not politics, prompted troubled grant program - Quincy, IL News - QuincyJournal.c
This rates right up there with "if you like your doctor you can keep your doctor"
ONCEMORE1 - Schoenakase on WTAD\'s Mary Griffith Show - Quincy, IL News - QuincyJournal.com
I don't believe anyone can be dumber than the voters who elected Obama twice.
LNeck2012 - Schoenakase on WTAD\'s Mary Griffith Show - Quincy, IL News - QuincyJournal.com
Obviously you weren't listening closely. I'm paraphrasing here, but when Mary brought up "what if there aren't enough people willing to volunteer," he replied with "then we can look at the budget and consider buying a shuttle to pick up people to take them to vote." Burning down a school where children attended classes and housed many of the special needs students at the time is minor?…
yesqcy - Schoenakase on WTAD\'s Mary Griffith Show - Quincy, IL News - QuincyJournal.com
Believe me, Adams County voters are not stupid. However they deserve to be educated. Jeff Scott (Jonathan Shonekase) will not be voted in as long as everyone knows the truth. I'm not sure why Jeffery Scott would think everyone has that short of a memory. Does anyone know of a free shuttle to Mexico? Siberia maybe? Anyone else willing to make a "donation" to send a shuttle to either place?
1950Brutus - Schoenakase on WTAD\'s Mary Griffith Show - Quincy, IL News - QuincyJournal.com
I am not aware yesqcy is running for any political office so your request isn't valid.

Most Popular

Intimidation from Durbin?

Quinn anti-violence spending didn’t pull big votes

Woman dies after SUV and motorcycle collide

Armed Robbers at Large in Quincy Updated

Adams Co. Divorces for 7/23

Bickhaus named to Mercantile Bank Board

Rural Quincy man found to be growing marijuana

Arrest made in Keller Marina boat theft

Illinois Senate president: Chicago pension fix job 1 this year

6 months ago from Chicago Tribune

Cullerton’s comments come less than two months after the state approved a massive plan to deal with the $100 billion pension debt for state workers, university employees and teachers outside Chicago

From from Chicago Tribune:

With Chicago staring at a deadline for coming to grips with a $29 billion pension debt for teachers and public safety workers, Illinois Senate President John Cullerton is urging unions to help negotiate an agreement on retirement benefits lest lawmakers act on their own.

But Cullerton, in a Tuesday interview ahead of next week’s new legislative session, also said that coming up with a deal on city police and firefighter pensions could be very complicated since fixes applied to other government worker pension systems wouldn’t apply.

“The pensions for Chicago is a real major issue which we have to deal with because if we don’t, we’ve got built in triggers that would require dramatic increases in contributions into those pension funds,” the Northwest Side Democrat said. “It’s a crisis if we don’t do anything.”

Cullerton and House Speaker Michael Madigan helped build in those city pension triggers by passing a 2010 law requiring increased payments for public safety pensions.

Cullerton’s comments Tuesday come less than two months after state legislators and Democratic Gov. Pat Quinn approved a massive plan to deal with the state’s $100 billion pension debt for state workers, university employees and teachers outside Chicago. Those changes involve curbing cost-of-living increases and increasing retirement ages for workers while also lessening employees’ contributions to their retirement system. The law is being challenged in court by worker and retiree groups over its constitutionality.

Without quick changes in state law, Chicago Public Schools face a $612 million payment for teacher pensions for the budget year that ends June 30, about triple what they had been, Cullerton said. At the same time, payments for police and fire pensions will increase by nearly $600 million next year.

At one point last year, Cullerton proposed a measure to delay increased city payments to police and fire pensions until 2018. The plan also would push back the need for large-scale increases in city funding for those pensions until 2022, buying Mayor Rahm Emanuel even more time.

Cullerton said that proposal was designed to get people to the negotiating table and not to delay the day of reckoning.

Click Here to Read Full Article


From the Newsroom

Bob Gough on Twitter

Bob Gough 30 minutes ago

RT @PhilHecken: Great WFL helmet logo collection on this program from today in 1974. http://t.co/rf3dgmDmhk http://t.co/1ia3biESQG (via @g…
Bob Gough on Twitter

Bob Gough 32 minutes ago

RT @cbinflux: FEC wants to regulate *conservative* books. Fat advances to Dems like Hillary? That’s just business. http://t.co/BftNexdVDs
Bob Gough on Twitter

Bob Gough 4 hours, 2 minutes ago

RT @seanmdav: If preening politicians want to #LiveTheWage, why do it for only a week? Cut congressional pay and they can do it for a lifet…
Bob Gough on Twitter

Bob Gough 4 hours, 42 minutes ago

RT @mortreport: Ray Rice's additional game check fine docked from 2013 base salary of $1 million, not 2014 base of $4 million. That's $58,8…