Illinois Pension And Medicaid Reform ...

Illinois Pension And Medicaid Reform Bills Update

There are 5 comments on the story from May 19, 2012, titled Illinois Pension And Medicaid Reform Bills Update. In it, reports that:

The clock continues to tick on the Illinois State Legislature and whether they will pass Pension and Medicaid reform bills.

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Palatine, IL

#1 May 19, 2012
Illinois’ teachers are being made to look like greedy in this pension debacle. We have done everything right all the time. Every single teacher has paid into the retirement system from every single paycheck they have ever earned.

The crux of the problem is due to the fact that current and past state lawmakers/governors have not contributed their promised fair share into the system for decades. These politicians have also borrowed from the trust fund without repayment. Many politicians that are now calling for reform are the same politicians who siphoned monies away from the pension system and given them to their corporate sponsors in the form of massive tax cuts and incentives (corporate welfare). And, what do these corporations do in return? They axe jobs in Illinois and send them to Asia.

So now some people want to penalize teachers for doing everything right and reward politicians (who’ve done everything wrong) with a budget break. This is insane. Illinois policymakers are taking funds from those who build up Illinois' children and giving these funds to foreign economies. We must call these politicians out.

Not advertised by our politicians is the fact these same turn of events occurred about 40 years ago when Illinois suffered a pension crisis. To remedy this, they guaranteed all public pension with a constitutional clause. Now, our state policy makers are devising plans to circumvent the Constitution they took an oath to uphold. I don't know about you, but I believe this to be one of the highest crimes a politician can commit.
If there were pension reform, does anybody really believe that the extra dollars would go toward helping the middle- and lower-class citizens and children of Illinois? We would have a rerun of the last 10 years with the money being diverted away from the lower and middle class. Corporate profits are at an all-time high and CEO pay to average worker pay (which historically stood at 20-1) is at 475-1 (that is correct, the average US CEO makes 475 times the average US worker). Meanwhile, in light of inflation, the US worker, the most productive in the world, hasn't had a raise since 1973. This all occurs so that a CEO can purchase his/her 4th vacation home.

We don't need pension reform, we need Legislator Reform. The alarm bell has rang everytime they took a pension holiday. Vote the them out!

United States

#2 May 19, 2012
I agree, we do not need pension reform we need legislator reform. These politicians are the problem.

Lisle, IL

#3 May 19, 2012
The problem is teacher union lobbyists that get million dollar pensions for 1 day of work and the union that arranges it. Legislators and unions sat down and conspired to shaft the taxpayer who did not have a seat and wasn't even allowed in the room. Now the co-conspirators are shocked that crooks stabbed the taxpayers in the back is not as honorable as the teachers thought. Not only that they want the lambs they sheared to stand up and demand that the state take more away from them to honor the rotten deal. Sorry but I can't.
state worker wife

United States

#4 May 19, 2012
Teachers and state employees alike have paid into this fund in which politicians have dipped their hands into pensions to pay bills! All of this is unfair to teachers and state employees! I'm thinking that all the politicians should donate their year's salary to the pension fund! That should help out greatly!! And oh yeah, what about a cap of $100K put on politician retirees!!! Former Mayor Daley gets $184K in a pension from his time as a state politician. What about that? And how about making all politicians work or be elected for 40 years in office before they are entitled to receive a pension? That would save Illinois taxpayers lots of money!!
Think before you speak

Joliet, IL

#5 May 19, 2012
The pension system has always been sustainable the way it was set up. However, when you have politicians who do not put the money into the system that is promised and furthermore borrow from the system without paying interest, then the problem occurs. Now those politicians have the gall to point their fingers at teachers for being greedy, successfully diverting the general public's attention away from the main culprits, the politicians themselves.

Seriously, how can you borrow money from something and blame the people who you borrowed it from when it's time to pay it back? If I were to refuse to pay my mortgage and I blamed the bank because I borrowed money from them, how much support from the general public do you think I would get? Do you think politicians would be running to their lawyers to help pervert the law to help me out? I don't think so either.

Any politician who supports this is ridiculous. Anyone who falls for the politicians' blaming the teachers is foolish. We were made a promise. We have paid our share. They have stolen money from our pensions, refused to make praised contributions, and now have the gall to want to challenge the state's constitution because of their criminal actions. Shame on them.

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