tag:blogger.com,1999:blog-3492014659405332380.post6061412073261342845..comments2023-10-10T04:30:38.687-05:00Comments on Deo volente: University state budget news good so farDave Johnsonhttp://www.blogger.com/profile/09100006856645294730noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3492014659405332380.post-34206913214888119332012-02-26T22:46:27.300-06:002012-02-26T22:46:27.300-06:00I'd say the union will accept a deal where eve...I'd say the union will accept a deal where everyone above a certain age (55? 50?) is grandfathered and the rest pay more to support those already in - or to be in when they reach age 60. <br /><br />Welcome to kleptocracy. Constitution don't mean spit to Chigago pols.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3492014659405332380.post-58600480510756936252012-02-26T22:44:39.161-06:002012-02-26T22:44:39.161-06:00You can't sue the state, can't prosecute i...You can't sue the state, can't prosecute it for fiduciary misconduct, etc. So we are screwed when the one leading Democrat serious about the constitutional pension guarantee says this:<br /><br />“Unlike Indiana and Wisconsin, we intend to work with unions to accomplish this goal,” Cullerton said.<br /><br />Code: We are different here in Illinois, we divide and conquer, we spin, we Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3492014659405332380.post-2055997562151494372012-02-23T14:29:45.033-06:002012-02-23T14:29:45.033-06:00I agree, by the way, though I can certainly see wh...I agree, by the way, though I can certainly see why you felt you needed to add this warning. Our pensions are already well below the level of our peers (by something like 5%), so further cuts would indeed reduce them to a level no better than social security--i.e., our pensions will be no better than what you'd get from working at Walmart. For of course we don't pay into Social Security (Dave Johnsonhttps://www.blogger.com/profile/09100006856645294730noreply@blogger.comtag:blogger.com,1999:blog-3492014659405332380.post-31024185039297176412012-02-22T20:38:01.761-06:002012-02-22T20:38:01.761-06:00We are not out of the woods yet concerning pension...We are not out of the woods yet concerning pension reform since Quinn is merely passing the buck to a committee that will report by April 17. Michael Madigan was also quoted after the speech by saying that recipients will have to decide to accept cuts in benefits or lose the system entirely. He is in league with someone in the Chicago business community who opposes state worker pensions. Make no Anonymousnoreply@blogger.com