Archive for October 2011

Illinois Is STILL Broke -- And, Our Children Will Pay

Illinois Is STILL Broke -- And, Our Children Will Pay
  Illinois’ retirement funds are $140 Billion short. Yes, BILLION — and they’re in trouble. Let’s put it this way: to make up for our deepening deficit, each person living in Illinois will have to pay $30,000 – that’s $857 a year for the next 35 years or $71 a month – not including interest,... Read more »

“Illinois is Broke” Launches TV Ad Campaign

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  Failure to act in veto session will cost IL taxpayers another $7+ billion Chicago, Ill. – Just one week from the start of the state legislature’s fall veto session, the Illinois Is Broke campaign is ratcheting up pressure on lawmakers to address the state’s badly underfunded pension systems before tackling all other issues.  Today,... Read more »

We Support Our Teachers - You Should Too!

We Support Our Teachers - You Should Too!
Last week, we released a video to inform suburban and downstate teachers in Illinois that their pensions are at risk. As you know, there are two sides to every story, and we felt it was important that teachers hear some of the facts that their leaders and others are not telling them. As you can... Read more »
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A Message to Teachers: the Truth about your Pension

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Illinois is Broke – $140 BILLION in debt – and if you’re a teacher its bad news for you. It’s basic math. There is not enough money to pay benefits to current retirees, much less you. That money being deducted from your pay check each month is going to pay benefits to current retirees. So... Read more »

PENSION REFORM FIRST

By now you’ve seen the billboards. We are asking the Illinois legislature to address the pension crisis that is breaking the state budget and causing a financial meltdown in our state. We need your help to spread the word: “Pension Reform First.” It’s clear. Our current pension program is unsustainable and it is not only bankrupting our state... Read more »