Bribes for passing pension reform

Opinion: Letters To The Editor

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A bribe is considered an objectionable way of doing business. Yet this is the tactic the leaders of the Illinois Legislature are using to pass through pension reform in the courts.

What is the bribe? The bribe is the exclusion of the judiciary from pension reduction. Judges have the highest pension of all state employees (I have read their pensions average around $100,000). Yet they have been excluded from pension reform.

It doesn't take a genius to see the tactic in this judiciary exclusion. What's next?

George Vergara

Oak Park

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muntz  

Posted: May 8th, 2013 11:36 AM

Not surprising, but the facts remain the same...pension participants withdraw more then they contribute (via contributions/state "match"/investment gains). Add on the layer of preceived "broken promises" regarding penions guarantees made by elected officials and paid for by unions via guaranteed voting blocks and collusion, and we'll be lucky to see any reform. Keep in mind Madigan's plan is a band-aid. It does not address the simple math...withdrawals > contributions.

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