Wednesday, January 25, 2012

Madigan’ shell game: Teachers should pay the state’s share of the pension obligation. « Fred Klonsky

Madigan’ shell game: Teachers should pay the state’s share of the pension obligation. « Fred Klonsky:

Madigan’ shell game: Teachers should pay the state’s share of the pension obligation.

Illinois State Democratic Chairman and House Speaker Mike Madigan is floating a number of different approaches to solving the state’s public pension problem.

None of them are fair to employees.

Of course, he continues to support the three-tier pension plan that was devised by the corporate Civic Committee and their President, Ty Fahner. Independent economists have already pointed out that this would cost the state