In response to:

Boogeymen and Fake Reforms in Obama's Illinois

sashamanda Wrote: Dec 23, 2012 9:57 AM
I know several Illinois teachers who are terrified they will have to work past the age of 60 to obtain their full pensions.
T115 Wrote: Dec 23, 2012 1:20 PM
PAST 60?? OMG!!!! ARMAGEDDON!!!

is it too late to say "you asked for it?"

obama delenda est
kvance Wrote: Dec 23, 2012 11:32 AM
with the oppressive gun control and the highest murder rate in the nation, school teacher in Illinois may not have to worry since they probably wont live to retirement age. This is the model that obama has for the rest of the country.

Earlier today I received an email from Jonathan Ingram at the Illinois Policy Institute that I wish to share. The email is regarding the sorry state of Illinois Pensions.

Dear Mish

Illinois has a long history of fake reforms – legislative proposals that promise to solve the great policy challenges of the day when passed, but never actually accomplish these goals and often make problems worse.

In the mid-1990s, Illinois lawmakers were facing a serious problem: the unfunded liability...