Posts tagged "legislators"

Tell Lawmakers to Support SB1

You’ve read about it in the news. Lawmakers across party lines agree pension reform is critical to saving our state and its pension funds. We applaud the dialogue around this important issue. But, meaningful reform must incorporate significant financial savings or it’s not real reform. Tell your legislators to support SB1 as it will generate... Read more »

Illinois Pension Crisis Now Unfixable

You’ve heard it from policy reports and the news media, Illinois has reached a “fiscal cliff.” Sounds bad, right?  Terrifying, even. But in fact, it’s much worse.  Because our elected officials have been unwilling to make the tough decisions necessary to save our state, Illinois and its pension funds now have nearly $200 billion in debt triggered by... Read more »

Just The Facts: A Primer on Illinois Pensions

Over the last few years we have all been engaged in an effort to find a sensible, workable solution to Illinois’ pension crisis. Simply put, the current pension system is unsustainable and poses the threat of overwhelming the state’s budget if left unaddressed. More immediately, the state’s broader budget issues cannot be resolved until the... Read more »
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The Solution is Pension Reform. Let's Work Together to Save Our State.

Thumbnail image for 'The Solution is Pension Reform. Let's Work Together to Save Our State.'
Illinois has a major problem on its hands — and, it’s not going away. It’s Illinois’ pension problem. And, it impacts us all. Whether you are a hard-working teacher, employee of the State, a taxpayer or a family trying to make ends meet, everyone in Illinois is affected. Watch here to learn more. How serious... Read more »

Pension vote hours away -- call your legislators now!

It all comes down to this. We just got word that the historic pension reform bill you’ve supported for so long could come to a vote in the next few hours. Call your legislators right now and tell them to vote “yes” on Senate Bill 512. Even if you’ve already contacted them, they need to... Read more »

A Message from CPS teacher, Nate: Save my classroom

My name is Nate, and I’m a teacher in a Chicago Public School. I love my job. No matter how long or hard I have to work, it’s always worth it to see my students learn and grow. But our massive pension debt — more than $100 billion and rising — is sucking money away... Read more »
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Worse than California

Think California is having economic problems? Moody’s just announced that we have the second-worst credit rating of any state in the country, just behind California. But it’s worse for us because we have a problem that they don’t have — a pension crisis that’s only getting more dangerous. We’re ranked dead last in the country... Read more »

Make Your Voice Heard!

Illinois is STILL Broke, but we have launched exciting new features on our website to help you get involved in bringing Illinois back to financial stability!   Our added features make it easy for you to:    CALL YOUR LAWMAKERS Elected officials have raised your taxes but failed to address the REAL problem – $140 Billion in unfunded... Read more »

Speak Up Now Before It Is Too Late!

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 »
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Tell legislators: No tax increase without pension reform!

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 »