Sometimes a single man or woman has to stand up for principle, just so the rest of us are reminded that principles exist. Such a man was Jim Tobin.
Government pensions affect every taxpayer in Illinois. Now Pritzker’s pension madness threatens to reach across the state and ravage taxpayers with the most insidious effect of Covid-19: theft of taxpayer wealth. As businesses and workers across the country struggle to keep afloat during this pandemic, Pritzker promises to increase your taxes.
View As PDF The gigantic Coronavirus Aid, Relief, and Economic Security Act (CARES) may or may not help the struggling U.S. economy, but it is a long-term hidden tax increase in the form of...
The coronavirus damage to Illinois’ already-critically-ill economy could push Illinois state pension debt to over $300 billion, according to a recent study published in Wirepoints. The study’s authors based their calculations on figures from Moody’s Investors Service.
Like all of the government-employee pension funds in the state, SERS is bound by law to keep unrealistic promises made to government employees, but it is taxpayers who are forced to fund them.
Taxpayer Education Foundation (TEF) today released its annual analysis of the Illinois Municipal Retirement Fund (IMRF).
