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A Little Weird

(1,754 posts)
8. No
Tue Dec 3, 2013, 09:03 PM
Dec 2013

In KY, the pension is only in trouble because lawmakers failed to meet their obligations for years. Kicking the can down the road and using the funds for their pet projects instead. It looks like that may be the case in IL too - from the article -

“I believe this was actually more caused by the fact that we as a state did not make our pension payments as we should have even though the employees worked and their full payments were made,” said Holmes, the only member of the special two-chamber special committee that did not sign the legislation that emerged. “So I think a lot of this problem stems from the fact that we actually didn’t do what we were obligated and should have done.”


If double-dipping is a problem as you say it is, then why not fix it instead of just screwing everyone over? That seems to be a totally different issue.

As a public employee, I can't help but notice that 'pension reforms' never seem to reform the generous benefit packages the lawmakers enjoy.
It's a big deal. It had to happen. I know I'm gonna get slammed. mucifer Dec 2013 #1
Every time I hear about double dipping it's some upper echelon director or political ... Hassin Bin Sober Dec 2013 #6
People forget Illinois workers and those in 13 other states don't pay duffyduff Dec 2013 #22
No A Little Weird Dec 2013 #8
you are correct..they have been kicking the can. madrchsod Dec 2013 #10
I suspect the poster doesn't even know what "double dipping" is. duffyduff Dec 2013 #21
it will take at least 4 yrs to get rid of the flat tax. madrchsod Dec 2013 #9
What "double dipping"? Do you even know what that means? duffyduff Dec 2013 #20
average CalPERS pension is about $25K annually.... mike_c Dec 2013 #26
That sounds about right, and teachers' pensions are lower than that duffyduff Dec 2013 #39
Like most people discussing this topic you upaloopa Dec 2013 #28
They're coming after SS, too. Chained CPI is the first salvo. duffyduff Dec 2013 #40
I am guessing marsis Dec 2013 #31
I forgot they have "tiers" in IL. Most states don't. n/t duffyduff Dec 2013 #41
Of course marsis Dec 2013 #42
Of course. It never fails. n/t duffyduff Dec 2013 #43
look for it to happen across the country Skittles Dec 2013 #2
Guess which side Rahm's on… Jackpine Radical Dec 2013 #3
Illinois workers need help. Please send .... Scuba Dec 2013 #4
Labor was a big part of Quinns OneCrazyDiamond Dec 2013 #5
This will be devastating to my stepmother-in-law DavidDvorkin Dec 2013 #7
Will it truly be a serious cut to her? frazzled Dec 2013 #14
I'm going by what she has been writing to us DavidDvorkin Dec 2013 #15
Since the details were released only late yesterday afternoon frazzled Dec 2013 #16
The details have been known to state workers. former9thward Dec 2013 #18
Those "big time" pension earners don't pay into Social Security. duffyduff Dec 2013 #24
I live in Illinois and know what I'm talking about frazzled Dec 2013 #27
If someone worked under a contract that had upaloopa Dec 2013 #29
They'll effing GET the pension frazzled Dec 2013 #30
When you want to take away what people worked upaloopa Dec 2013 #35
That one will likely tell you the "taxpayers" are the employers rather duffyduff Dec 2013 #38
Somehow I don't think that is the truth. duffyduff Dec 2013 #36
I hope you are working like hell to keep your pension. duffyduff Dec 2013 #34
"Living" in the state isn't the same thing as actually getting the pension. duffyduff Dec 2013 #37
That's because of the government pension offset duffyduff Dec 2013 #23
Thankfully in NY we have a State Comptroller that is Historic NY Dec 2013 #11
MAD AS HELL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! chuckstevens Dec 2013 #12
It's just too marsis Dec 2013 #32
A story from Chicago public radio and a small fact Paulie Dec 2013 #13
Teachers do not get SS, state workers do. former9thward Dec 2013 #19
If they ever paid into Social Security in other jobs, they get offsets. duffyduff Dec 2013 #25
Be pro-active about it Jimbo S Dec 2013 #17
Donner party! marsis Dec 2013 #33
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