Posts tagged "eden martin"

The Need for Reform of Police and Fire Pension Plans

The Civic Committee of The Commercial Club of Chicago analyzed the values of pension benefits of firemen and policemen in Chicago who recently retired after full careers, many in their early 50′s.  The analysis found that these retirement benefits average above $1 million – well above benefit levels available to taxpayers in the private sector.  ... Read more »

Pension reforms, spending cuts must come before tax hike

Illinois is broke. In the short run, it is running out of cash – and borrowing to cover its own operations as well as to fund health care, schools, local governments and social services. Or it simply fails to pay its bills – borrowing, in effect, from its suppliers. In the longer run, Illinois operates... Read more »