Posts tagged "health care"
You know what’s at stake — now we need to get to work. We’re just weeks away from a potentially historic vote on pension reform legislation that could save our state from financial disaster. I am writing, from one Illinoisan to another, to ask for your help in sending a powerful message to our leaders... Read more »
Retirement-related programs for Illinois’ public employees have more than $140 BILLION in unfunded obligations and debt, which are growing every year. The three retiree health care plans for state workers, downstate teachers and community college workers account for $44 BILLION of those unfunded obligations. 100% PREMIUM SUBSIDY Government workers who participate in... Read more »
Springfield is poised to vote today or tomorrow on a proposal to raise state income taxes 75 percent. But this tax increase would not reduce the $140 Billion in unfunded obligations for pension and retiree health care by a nickel. Legislators also plan to continue borrowing to pay for this largely unfunded program. ... Read more »
Some scary things are happening in Springfield. The governor is considering borrowing $15 billion. Lawmakers are talking about borrowing $3.7 billion for pensions. And everyone is talking about increasing the personal income tax from 3 to 5 percent. Responsible legislators in both parties should just say “no” to the tax-increase and bond proposals. They should... Read more »