LIVE session coverage...
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Preckwinkle tries a different approach

Friday, Feb 8, 2013

* Unlike in Springfield these days, Cook County Board President Toni Preckwinkle is trying to negotiate pension changes with labor leaders

Cook County Board President Toni Preckwinkle got down to brass tacks with labor leaders Thursday, setting a 30-day deadline for unions and county officials to help her craft legislation aimed at cleaning up the pension mess.

Preckwinkle and Chicago Federation of Labor President Jorge Ramirez, were among roughly 20 union and county leaders in the meeting, and both stressed no “ultimatum” was given.

“This is a mutual problem — there’s no need for tough talk,” Preckwinkle told the Sun-Times. “We’re trying to work together to solve this.”

“I emphasized this has to be shared sacrifice,” Preckwinkle said. “I told them we can’t wait any longer.”

* What’s on the table

Preckwinkle declined to discuss specifics, but she outlined broad concepts. Both workers and county government would have to pay more money into the pension fund. Annual cost-of-living adjustments would be pegged to inflation. Older retirement ages would be phased in.

And health care coverage would be guaranteed for the first time, but limits would be placed on the annual cost increases paid for by the county. The county also would continue to provide traditional pensions rather than switch to 401(k)-type plans.

* Background

Just a decade ago, the county pension fund was sound, with 90 percent of the cash on hand needed to cover payments it was obligated to make. Now it has only 58 percent of what’s needed, leaving a shortfall of $5.8 billion.

They tried talking things through in Springfield, to no avail. Maybe this will work in Cook. The Chicago Federation of Labor seems interested in a compromise, so we’ll see.

- Posted by Rich Miller        


15 Comments
  1. - Empty Chair - Friday, Feb 8, 13 @ 9:46 am:

    Jorge vs. Henry - ask any elected official who they would rather deal with, nine times out of ten I bet they’d say Jorge.


  2. - illinifan - Friday, Feb 8, 13 @ 9:56 am:

    I think this offers reasonable proposals that sound a little more concrete. COLA tied to inflation makes more sense than the 1/2 of the CPI model (retirees could live with the idea of keeping up with inflation vs a flat amount), and health care issue where it looks like there would be a clear definition of what is paid vs. you get access but we won’t tell what the access means to your pocket book.

    As retirees we know there are no guarantees but to plan for your future it helps to have concrete offers not take it or leave it and no one ever tells you what it is…


  3. - Anonymous - Friday, Feb 8, 13 @ 9:57 am:

    Perhaps the difference is in part that in Cook, the problem was not caused by the County. To the extent there is fault beyond the economic downturn, it was caused by the union getting the legislature to sweeten benefits over the past twenty years. So there is no traction to the rock throwing at the employer for failing to fund their share. The unions know they overreached and are willing to negotiate their way back to sustainability.


  4. - Nickypiii - Friday, Feb 8, 13 @ 9:59 am:

    The County made the pension fund responsible for retiree health care costs a few years back. This change has had an adverse impact on the funding percentage of the County pension funds. Shouldn’t the coming changes in the ACA be considered before employees benefits be cut/changed? Shouldn’t all Illinois governments push those employees into the exchanges that are to be set up? The lower the income the more the feds will reimburse the insured. Health care cost increases are already slowing down due to the ACA. Shouldn’t all Illinois governments purchase health insurance policies for their employees together to ensure a lower cost basis?


  5. - Dan Johnson - Friday, Feb 8, 13 @ 10:08 am:

    Nickypii is on to something. The amount we are paying in public employee and public employee retiree health insurance is kind of crazy. Shouldn’t we be putting these pools of employees together into one big pool and save some money?


  6. - Small Town Liberal - Friday, Feb 8, 13 @ 10:13 am:

    Wow, an elected official asking for increased contribution and COLA modification, and a public employee union willing to talk about it?

    AFSCME ought to take note if they think the public would support them during a strike, seems that other public employees might not even support them.


  7. - Amalia - Friday, Feb 8, 13 @ 10:13 am:

    here’ s hoping that as they consider throwing around health insurance plans that they take into account that people not only get attached to a doctor and/or a hospital, but if one is in the midst of a health crisis, attachment to hospital is pretty deep. looking at where the insurance road enables one to go for care is very frightening.


  8. - Cook County Commoner - Friday, Feb 8, 13 @ 10:28 am:

    Aren’t Cook County and most larger local governements self-isured for heathcare costs? And they use health insurers merely to run the plan?
    And could you see local gov units consolidating their pools and squabling over who gets the contracts to run the plans?


  9. - reformer - Friday, Feb 8, 13 @ 10:33 am:

    This is just more evidence about why Preckwinkle is the state’s most effective elected official. Rather than public blaming and posturing on pensions, Preckwinkle is negotiating with the unions to fix the problem.


  10. - Small Town Liberal - Friday, Feb 8, 13 @ 10:38 am:

    - Preckwinkle is negotiating with the unions to fix the problem. -

    Unions that are willing to discuss COLA modification, apparently.


  11. - Dan Johnson - Friday, Feb 8, 13 @ 10:48 am:

    I don’t think they are self-insured for retirees, Cook County Commoner. Are they?


  12. - Chi - Friday, Feb 8, 13 @ 11:23 am:

    AFSCME has many members working for Cook County. Some comments here seem to overlook that.


  13. - very pertinent - Friday, Feb 8, 13 @ 11:40 am:

    ==Perhaps the difference is in part that in Cook, the problem was not caused by the County. To the extent there is fault beyond the economic downturn, it was caused by the union getting the legislature to sweeten benefits over the past twenty years. So there is no traction to the rock throwing at the employer for failing to fund their share. The unions know they overreached and are willing to negotiate their way back to sustainability.===

    Makes sense to me.


  14. - Waldi - Friday, Feb 8, 13 @ 12:24 pm:

    I sure wish that Ms. Preckwinkle would reconsider running for Governor.


  15. - titan - Friday, Feb 8, 13 @ 12:57 pm:

    Through the years, the COLA at 3% per year has matched inflation pretty well (some years lately it was high, some a while back it was very low). Inflation is likely to return to more historical norms, so switching from flat 3% COLA to a floating one to match inflation is likely not going to matter much (or may even hurt the governmental interests if inflation runs high for a while).


Sorry, comments for this post are now closed.


* Munger: HDem budget will push unpaid bills past $15 billion, force delays in legislator paychecks
* Question of the day
* *** UPDATED x3 - GOMB says proposal would require income tax rate of 5.5% to balance *** A very odd budget plan
* *** UPDATED x2 *** Madigan: No
* Social service groups, including Mrs. Rauner's, file motion for "emergency relief"
* Facing the abyss
* Caption contest!
* *** UPDATED x1 *** SUBSCRIBERS ONLY - Rauner administration denounces budget proposal
* Today's number: $7.1 billion
* Leaders to meet again today, but there may be bigger news
* *** UPDATED x3 - AFSCME responds - Rauner responds - Bill defeated *** AFSCME bill override vote could come today
* This job is more than the Turnaround Agenda and a budget
* Kirk says Clinton won't hurt Duckworth bid
* Simple answers to simple questions
* *** LIVE *** Session Coverage
* The other potential candidates
* Jewish bride denied Galena wedding ceremony
* SUBSCRIBERS ONLY - Supplement to today’s edition: Budget analysis
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Good morning!
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............

...............

...............

...............


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

  
* [TA Deals] The DrinkMate Breathalyzer for Android is on sale for just $30
* Heavy Internet use leads to school burnout in teens
* Verizon talked up Go90 a little too much, and they know it
* Foxconn job cuts total 60,000 at one factory thanks to automation
* Deal: Get this 5 Piece Smartphone Camera Lens Kit for just $9.99
* Top 5 Audio Smartphones (of the first half) of 2016
* Verizon pushes updates to both the Galaxy S6 and S6 Edge to fix Google Play issues

* Rodon building confidence year into Majors
* White Sox want consistency out of Garcia
* Chris Sale threw harder for some reason
* Double play short-circuits White Sox rally
* Sale shoulders all the blame in his first loss
* In his first loss, Sale shoulders all the blame
* Sale roughed up by Tribe, denied 10-0 start

...............


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress

Loading


* Illinois House speaker writing own budget, defy.....
* Illinois House fails again to override Rauner's.....
* APNewsBreak: Rauner board asked builders to lob.....
* Illinois House speaker writing own budget, defy.....
* Illinois House Speaker Michael Madigan writing .....
* APNewsBreak: Rauner board asked builders to lob.....
* APNewsBreak: Rauner board asked builders to lob.....
* Speaker Madigan Writing Own Budget, Defying Gov.....
* APNewsBreak: Rauner board asked builders to lob.....
* House Democrats plan to move ahead with budget .....


* House fails to override Rauner's veto of arbitration bill
* Illinois House speaker writing own budget, defying governor
* Man resentenced to life in prison in Alton teens' deaths
* Lawmakers pass plan limiting mentally ill from owning guns
* Illinois lawmakers approve expansion of adoption information
* Couple files religious discrimination complaint against Galena inn
* Tapes: Peterson hoped to sell drugs in Mexico after prison
* Tapes: Peterson planned celebration after hit on prosecutor
* Protests for $15 wage expected at McDonald's headquarters
* Protests start ahead of McDonald's shareholders' meeting

* Capital Development Board director asked builders to lobby lawmakers
* Illinois House fails again to override Rauner's veto of union-backed arbitration bill
* House passes resolution to rename part of 9th St. for fallen Springfield officer
* Madigan prepares to move budget bills in House; Rauner says they're not balanced
* DNR says Eagle Creek Resort should be demolished
* State lawmakers pass plan limiting mentally ill from owning guns
* Illinois Supreme Court to review hospital taxation issue
* Illinois pushes legal aid for juveniles in murder cases
* Bill to ban sale of ‘bath salts’ sent to governor
* Illinois lawmaker, university spar over research animals

* Diana Rauner's Ounce of Prevention now suing Gov. Rauner for payment
* Rauner vs. Rauner: First lady takes governor to court
* This hedge fund manager is still the richest person in Illinois
* Chicagoans to pay double for reliability than others in its power grid
* Chicago to pay double for electricity reliability than others in grid


* Man shot in Woodlawn
* Off-duty CPD officer witnesses shooting, returns fire
* Tommy (100 mph) Kahnle controls own destiny in White Sox bullpen
* Protests start ahead of McDonald’s shareholders’ meeting
* Beth Howland, who played waitress Vera on ‘Alice,’ dies at 74
* 39 Illinois companies make Forbes Global 2000
* Judge denies motion for new Gawker-Hulk Hogan trial
* 14-year-old approached by stranger in Mount Prospect
* 18-year-old man shot in Roseland
* No surprise: No Alshon Jeffery at Bears voluntary camp


* 11 states sue over federal directive on transgender bathroom use in public schools
* Madigan fails to override Rauner veto of labor bill for second time
* Amid boxes of pot, McHenry jurors hear trafficking case against Californian
* Cubs at Cardinals
* ATF, FBI investigating explosion at Northfield home
* Insurance for Airbnb hosts: Allstate to sell home-sharing coverage
* Emanuel counters cabbie complaints by touting ban on ride-share drivers who owe city
* Madigan budget: $500 million more for schools; Rauner says plan is $7B short
* Arrieta, Cubs hold 6-4 lead in 5th
* McDonald's protesters will escalate wage battle with campout


* Capital Development Board director asked builders to lobby lawmakers
* Illinois House fails again to override Rauner's veto of union-backed arbitration bill
* House passes resolution to rename part of 9th St. for fallen Springfield officer
* Madigan prepares to move budget bills in House; Rauner says they're not balanced
* DNR says Eagle Creek Resort should be demolished
* State lawmakers pass plan limiting mentally ill from owning guns
* Illinois Supreme Court to review hospital taxation issue
* Our View: Three special grads offer life lessons to adults
* Sen. Andy Manar: School funding reform deserves bipartisan support
* E.J. Dionne: Fighting phony 'populism'


* Man wanted in shooting case now faces drug charges
* The Health Reporter Is In: May 25, 2016
* Husband pins homeless intruder
* Man, woman killed early Wednesday in Danville
* UPDATED: Supreme Court agrees to hear Carle appellate ruling
* 05-25-16 Penny for Your Thoughts
* Tapes: Peterson planned celebration after hit on prosecutor
* Illini offer four-star power forward
* Lawmakers pass plan limiting mentally ill from owning guns
* Supreme Court agrees to hear Carle appellate ruling


* Will income, spending pressure force different approach to Kane tax freeze?
* Schaumburg settles 15th lawsuit against former undercover cops
* Rauner veto of union plan sticks, with suburban Democrats' help
* Women's testimony allowed in sexual abuse case against Elgin imam
* Police: Driver approaches girl walking to school in Mount Prospect

* House lawmakers overcome hurdle on key tra...
* Rodney Davis talks funding with Bloomingto...
* The agency that fought Illiana gets a new ...
* Rep. Dold takes educational cruise down Ch...
* Lawmakers decry high turnover rate of VA h...
* CBD Oil, and politics
* Simon considering state Senate bid
* Killer Congressman Tom MacArthur trying to...
* Shutdown? State may not notice
* Rep. Bob Dold

* Could Dick Durbin Run for Illinois Governo......
* Brown: Democrats' short list of gov candid......

* Senators Move to Cut Funding to Nations Th......
* Kirk says Clinton won't hurt Duckworth bid......

* Asthma And Allergy Month: IL Moms Want Cleaner Air
* Mariachi Band At Fight For $15 Protest
* IL Foundation Crafts New Scholarship Program For Syrian Immigrants
* Cartoon Of The Day
* More IL Kids Exposed To E-Cigarettes
* Cartoon of the Day - 5/25/16 - IL auditor Mautino investigation
* UPDATE x7: IL GOP Delegates vote to maintain one-man, one-woman marriage platform plank
* Madigan fails to deliver veto override on AFSCME arbitration bill
* Start Out The Holiday Weekend With Five-Buck Friday At The Underground
* Illinois Lawmakers Could Try To Override Rauner's Labor Bill Veto


* Emergency Management Officials, National Weather Service Encourage Winter Preparedness - November is Winter Weather Preparedness Month in Illinois
* Keep Your Family Safe This Winter - November through February are leading months for carbon monoxide related incidents
* Governor Takes Bill Action
* Illinois Department of Labor Director Hugo Chaviano Awards Governor’s Award for Contributions in Health and Safety to the Illinois Refining Division of Marathon Petroleum Company LP
* State Regulator Elected Treasurer of Interstate Medical Licensure Compact




Hosted by MCS -- CapitolFax.com Privacy Policy -- SUBSCRIBE to Capitol Fax -- Advertise Here -- Mobile Version -- Contact Rich Miller