The state's pension crisis – the worst in the nation – hurts everyone in Illinois, ...  to bail out a system that is not sustainable – government-worker pensions  consume a ... Employees do not own or control their own retirement funds under  a pension .... pension funds now have only a quarter of the money they need  today to pay ...
Under my platform, "I will make no changes to the current (Medicare) system for ...  "Today, you can't rely on (the retirement fund for public employees), it's not ...
Jun 28, 2018 ... The pool of funds is invested on the employee's behalf, and the earnings ... when  the company is on the hook for whatever the fund can't generate, ... If you  contributed money after tax was paid, your pension or annuity is only partially  taxable. ... Since benefits do not depend on asset returns, benefits remain ...
Mar 20, 2018 ... As the debate over Kentucky's underfunded public pension system ... Retired  teachers depend on cost of living increases just like people ... said it's unfair for  lawmakers to look for savings by cutting benefits for ... "They can't keep cutting. ....  While many states chose to opt in, Kentucky officials did not include ...
May 29, 2018 ... You've heard Illinois is in the midst of a public pension crisis, but do you know  how we got here? ... It's the retirement plan for government employees in Illinois.  ... If we had funded these pensions from the very beginning at 100%, which ...  Laurence Msall: I can't really point to it as a partisan decision or not.
Today, you can't rely on (the retirement fund for public employees), it's not funded.