Latest News and Comment from Education

Tuesday, August 14, 2012

Rally in Springfield. But not for this framework. « Fred Klonsky

Rally in Springfield. But not for this framework. « Fred Klonsky:


Rally in Springfield. But not for this framework.

Yesterday the We Are One Coalition issued a framework for solving the pension issue.

The following must be in any plan going forward:

1. A guarantee that the state will pay its portion as required. That hasn’t happened for decades, as legislatures have diverted money to other programs. 

2.  A true look at revenue by closing loopholes for big corporations that hurt taxpayers of Illinois. Many loopholes exist, and closing a few would generate money to help pay down the pension debt.

3.  No inclusion of current retirees, who are living on an earned and needed