Posts tagged "Pension"

Chicago Cops/Firemen Retire as Millionaires

-By Warner Todd Huston There really is no excuse for any public servant to retire with a pension worth $1.3 million dollars of the people’s tax money. None. But that is precisely what happens in the City of Chicago according to Chicago’s Civic Committee. Crain’s Greg Hinz reports that the Civic Commission sent an email... Read more »

Lame Duck Threat to Bailout Union Pensions

-By Warner Todd Huston Connie Hair has an informative piece at Human Events about what Democrats are hoping to do in the next few weeks in this lame duck session by pushing another big union bailout. In October, Sen. Tom Harkin (D, Iowa) heard witnesses advancing the “Guaranteed Retirement Account” (GRA) idea authored by left-wing... Read more »

A Video Response to the Union Bailout

From we find a union member’s response to the union bailouts.

Rep. Biggins Votes for Illinois Pension Bailout, Should he be Thrown out of GOP Caucus?

-By Warner Todd Huston State Representative Bob Biggins (R, Elmhurst) was one of two Republicans to vote yes on a bill to borrow $3.7 billion to shore up state pension funds this week. The vote caused tongues to wag that the retiring representative was offered a job or some other goodies by the Illinois Democrats... Read more »