Tuesday, October 30, 2012

The in box. Letter to the editor from the CTU Pension Chair. « Fred Klonsky

The in box. Letter to the editor from the CTU Pension Chair. « Fred Klonsky:


The in box. Letter to the editor from the CTU Pension Chair.

Dear Editor:
For years millionaires and billionaires from the Commercial Club of Chicago, such as Bruce Rauner and Ty Fahner, have misrepresented the real cause of our state’s pension crisis. While public employees such as police officers, fire-fighters, teachers and others have dutifully paid employee contributions for decades, the recent manipulation of financial markets by banks and hedge fund operators has placed the retirement of countless public employees into question.
A resolution passed by the Chicago Teachers Pension Fund is determined to get to the bottom of