I'm sure our economic troubles have nothing to do with stories like this:
Part-time Illinios workers receiving lifetime pensions
Dozens of former elected officials in suburbs surrounding Chicago are collectively receiving tens of thousands of dollars a year in pension benefits, even though they mostly worked part time.42 part time employees are receiving $200K a year for life. Now, that may not sound like a lot, granted, but it's part time politicians we're talking about here. Aldermen, mayors, and such that hold full-time jobs and work their elected jobs on nights and weekends. And here they are drawing a pension on their part-time work. Now, it's a few thousand a person, but it's money that could be better used in other areas.
Besides the question of whether part-time work as an alderman, mayor or clerk deserves such benefits, critics say the payouts are an unfair burden on local taxpayers. Some say they also demonstrate a failure of the state's pension reform plan to go far enough in easing a crisis that has left Illinois mired in debt.
How many extra teachers could that part time pension money cover? 3? 4? Maybe 2-3 extra police officers or firefighters could be brought on to help with crime and emergency response rather than giving a former city councilor $5K a year. It's really easy to blame some SuperMegaCorp for all the problems you face; but with stories like this - and this is hardly an isolated case - the real reason for the financial trouble is far more convoluted.
I wonder what kind of executive order will solve this issue?
That is all.
 
 




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