Tag Archives: Book: Illinois Pension Scam
The Illinois Pension Scam: State Officials (Including Conservatives) Have Known About it for Many Years
Government employee compensation expert Bill Zettler, has had some great lines over the years. “Economics always wins,” is among his best. Despite the wishes and dreams of people on both the political left and political right, the day of accounting always comes. We are at that day right now as taxpayers face hundreds of billions of dollars in unfunded pension liability...
Posted in Illinois Politics
Tagged Bill Zettler, Book: Illinois Pension Scam, Bruce Rauner, Illinois Policy Institute, Illinois Public Pensions, illinois republicans, Taxpayers United of America
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The Illinois Pension Scam: There is No Excuse for the Failure of Reform
In preparation for the recording of an IFA Spotlight weekly podcast, executive director Dave Smith asked me to do some research about the Illinois government’s employee pension problem. For me, it is not a fun topic to delve into because for a dozen years now I’ve watched elected conservative state legislators completely ignore the seriousness of the legalized theft that has been going on in Illinois for decades as it pertains to pensions.
Yes, legalized theft. How else can you describe someone paying into a fund about $154,000 over the course of their working years and then expect $2,200,000 …
Posted in Illinois Politics
Tagged Bill Zettler, Book: Illinois Pension Scam, Illinois Pension Systems, Illinois Policy Institute, Jack Roeser, Pension Reform
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