SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Today’s quote

Thursday, May 9, 2013

* From yesterday’s Senate committee hearing on the pension reform bill agreed to by the unions

Cullerton is exerting his full political muscle behind a legal theory that state worker pensions can be pared back if employees and retirees are given options. His position rests on the idea that the choice fulfills the need to have a contractual relationship between the state and its retirees to stay within the confines of the constitution. […]

But the Illinois Retired Teachers Association strongly disagreed that there is a way around the constitution.

“A choice that is kind of like ‘Either jump off a cliff or I’ll shoot you’ is not really a very good choice,” said Bob Pinkerton, the group’s vice president. He said Cullerton’s legislation does not provide “any choice that is beneficial” to the group’s 35,000 retirees.

* Roundup…

* Cullerton defends union-backed pension plan

* Cullerton’s pension plan proceeds — on collision course with Madigan’s

* Senate panel approves union-backed pension package

* Cullerton’s pension reform gets committee approval

* Illinois Senate committee approves union-backed plan for $97B pension crisis, nation’s worst

* Illinois Senate votes Thursday on union-backed pension plan

* State Senate could vote on pension plan Thursday

* Retired Teachers Upset Over Senate Pension Plan

* Hinz: Will Pat Quinn seize his pension moment?

* Editorial: If you think Illinois’ pension mess is ugly, just wait

* Cook County pension woes worsen

* A New Way to Tame the Public-Pension Beast?

- Posted by Rich Miller        


15 Comments
  1. - Anonymous 1 - Thursday, May 9, 13 @ 9:49 am:

    The “Unions” didn’t belong at the table. WHo do they speak for? They didn’t consent their members. Their member didn’t get to vote of what was bargained for or away as in a contract negotiation. They didn’t speak for many potentially affected people.


  2. - Pinker - Thursday, May 9, 13 @ 9:53 am:

    Now we can see if the pension part of the constitution is a part that is unenforceable, a part that we choose to ignore, or a part that we choose to enforce.

    Get the popcorn ready!


  3. - Cassiopeia - Thursday, May 9, 13 @ 9:59 am:

    While most seem to believe that the Madigan approach is unconstitutional we cannot lose sight of the fact that this is Illinois and that no one got on the supreme court as an independent. It is always possible that the court just might buy Madigan’s argument. If that happens then nothing stands in the way of further diminishment, not only to state employee, university and teacher pensions but to all local pensions as well.


  4. - Change - Thursday, May 9, 13 @ 10:02 am:

    Perhaps this will reignite the debate of whether we should be electing judges…


  5. - Robert the Bruce - Thursday, May 9, 13 @ 10:03 am:

    If active teachers agree to contracts that reduces pension benefits, do retired teachers have a legal leg to stand on?


  6. - walkinfool - Thursday, May 9, 13 @ 10:04 am:

    One thing that I know is not set in our
    Constitution: an “agreed bill process” — despite what union leaders have assumed for years.


  7. - Bill - Thursday, May 9, 13 @ 10:17 am:

    ==despite what union leaders have assumed for years.==

    An agreed bill stands a much better chance of passage and is politically much more feasible. It doesn’t have to be in the constitution. If you understood that process better you might still be in office.


  8. - Anonymous - Thursday, May 9, 13 @ 10:39 am:

    Rich,

    Any idea when the House will vote on the Gambling bill? Time is running out! Especially for wagering on horse racing online which an official of the IRB said they were losing $175,000.00 per month!


  9. - walkinfool - Thursday, May 9, 13 @ 10:46 am:

    Constitutional scholars arise!


  10. - TwoFeetThick - Thursday, May 9, 13 @ 10:58 am:

    I don’t think it really matters in the long run what groups support, or don’t support, these pension changes. All it takes is one person to file a case. I can’t imagine there won’t be someone out there who files suit. That someone could even be a member of an organization who, as a whole, supports the changes.


  11. - thechampaignlife - Thursday, May 9, 13 @ 11:28 am:

    It’s amazing how many people are working on the pension issue right now - lawmakers, reporters, analysts, unions, etc. What is everyone going to do with the copious amount of time they’ll have once they’ve “solved” the pension crisis?


  12. - Cincinnatus - Thursday, May 9, 13 @ 12:09 pm:

    - thechampaignlife - Thursday, May 9, 13 @ 11:28 am:

    It’s amazing how many people are working on the pension issue right now - lawmakers, reporters, analysts, unions, etc. What is everyone going to do with the copious amount of time they’ll have once they’ve “solved” the pension crisis?

    +++++

    There’s a squirrel just around the corner…


  13. - dupage dan - Thursday, May 9, 13 @ 1:19 pm:

    === - Anonymous 1 - Thursday, May 9, 13 @ 9:49 am:

    “They didn’t consent their members” ===

    If you are a union member, I hope it isn’t as a teacher.


  14. - Ruby - Thursday, May 9, 13 @ 2:48 pm:

    Just moments ago SB 2404 passed in the Illinois Senate by a vote of 40 to 16.


  15. - Judgment Day - Thursday, May 9, 13 @ 5:50 pm:

    The one that I find frightening is the Cook County pension shortfall.

    From the article:
    “The county’s main Employees’ Annuity and Benefit Fund saw its pension debt grow to $6.79 billion, up $969.5 million last year and an increase of $1.6 billion in the gap between assets and liabilities since 2010. The plan is only 53.5 percent funded, down from 57.5 percent in fiscal 2011, and the fund is projected to be insolvent by 2034.” Btw, that does not include any Cook County Forest Preserve (CCFP) retirement obligations.

    For perspective, the following is from the cookcountyil.gov 2013 budget website:

    “The total (Cook County Government) FY2013 recommended operating budget is $2.9 billion with, $2.29 billion of those expenditures coming from the general fund.”

    http://blog.cookcountyil.gov/budget/

    1) $2.29 bil (2013 General Fund appropriation) x 3 years = $ 6.87 billion.

    2) Current unfunded pension obligation is $6.79 billion (excludes CCFP).

    So, if we lay off everybody and shut down all County County General Fund services/obligations for say, only the next 3 years, we can get to 100% (fully) funding for their current-to-date pension obligations.

    Might be a way to get to at least a temporary solution on the Cook County concealed carry debate.


Sorry, comments for this post are now closed.


* Reader comments closed until Monday
* TrackBill update
* Caption contest!
* It's worse than we thought
* Question of the day
* Long-term debt is not short-term debt
* Today's quotable
* 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

          
        * Nexus 6 Stand Folio Case now available on Google Play
        * Chainfire updates SuperSU, CF-Auto-Root, How-to SU
        * 10 excellent movies to stream on Netflix over Thanksgiving weekend
        * Opera Mini for Android gets updated
        * YubiKeys by Yubico provide two-factor authentication by USB
        * Windows Phone 8.1 Finally Breaks The 50% Market Share Threshold
        * Germany’s Linshof i8 boasts 80 GB of storage

        * This Video Explains What Happens to Your Body When You Eat Too Much
        * Who Said It First Tracks Down the First Tweet on Any Topic
        * Give Babies and Young Kids Less Frequent Baths to Reduce Eczema Issues
        * ReWalk Exoskeleton Helps Marine Walk Again
        * Apple and (RED) Team Up to Help Raise Funds to Fight AIDS
        * Kotex Creates Best Site of All Time, Period
        * Keep Gravy Warm and Smooth for Hours in a Thermos

        * Catching up with Tadahito Iguchi
        * White Sox ACE program helps send players to college
        * Additional 2005 fan-favorite players added to '15 SoxFest
        * White Sox introduce Adam LaRoche and their plans for him
        * White Sox plan for contention a work in progress
        * White Sox officially announce LaRoche deal
        * Red Sox seize offseason driver's seat with signings

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


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

        Archives
        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


        * Hot meals provided to homeless across Chicago area..
        * Rauners serve Thanksgiving meals at West Side s.....
        * Will Rauner want the mansion?..


        * Against odds, Chicago school aims for championship
        * Woman's body found near Whiteside county jail
        * Against odds, Chicago school aims for championship
        * Liver transplant recipient marks 25th anniversary
        * Woman's body found near Whiteside county jail
        * VSU chief financial officer to leave for new job
        * Collinsville man guilty of murder in fatal wreck
        * 3 arrested in Chicago during Ferguson protest
        * Clemency for man wrongfully jailed for 1991 murder
        * Illinois doctor fined over medical marijuana slip

        * Illinois attorney general files notice of appeal in pension case
        * Quinn grants clemency to 126 ahead of holiday
        * Illinois gives $4.5M food banks for modernization
        * State begins accepting fracking applications
        * Debt rating agencies weigh in on state pension ruling
        * Lisa Madigan to ask Illinois Supreme Court to consider pensions
        * Rauner tackles transition agenda
        * Attorney general warns of immigration scams
        * State pension changes ruled unconstitutional; appeal to Illinois Supreme Court next
        * State to refund $60 million in retiree health care money

        * Most BP oil spill claims handled correctly, McGladrey says
        * Illinois AG Madigan files notice of appeal in pension case
        * Congressmen sound alarm over anti-Asian Carp move
        * Motorola Mobility loses bid to extend antitrust law reach
        * Chicago business activity is growing—but at a slower pace


        * How Illinois can charge  ahead on education
        * ||| Jack Higgins’ perspective
        * Thanksgiving parade draws thousands to State Street
        * Former alderman, North Lawndale activist Jesse Miller dies at 72
        * Rauners don hairnets, serve Thanksgiving to homeless
        * Norman Schoer, viola player with Grant Park Orchestra and Lyric Opera, dies at 103
        * Cupich: Work needed to ‘repair our broken immigration system’
        * Obama 2014 Thanksgiving menu: Turkey, Ham, six kinds of pies
        * Obama guidance, press schedule Nov 27-30, 2014 Thanksgiving break
        * Charity event looks like turkey tokenism


        * Crash-and-grab burglary in Austin
        * Boat service provider negligent in fatal accident, lawsuit alleges
        * Cupich celebrates Thanksgiving Mass, prays with the poor
        * Archbishop Cupich emphasizes spiritual blessings at Lake Forest Thanksgiving mass
        * 1 shot on South Side
        * Judge reassigned after failing to follow contempt rules, officials say
        * Pre-Thanksgiving revelers in Naperville unfazed by new alcohol rules
        * Woman shot dead in apparent domestic-related shooting in Gary
        * Ferguson protester in Chicago charged with felony
        * Thanksgiving Day Parade kicks off at Congress and State


        * LLCC Offers Variety Of Community Education Classes
        * Incoming U of I President Speaks To Springfield Audience
        * Another Year Of "Messiah" For Springfield Choral Society
        * New Exhibit On Lincoln's "Undying Words"
        * Locals Organize For Vigil In Response To Ferguson
        * Illinois Hunters Kill 52,000 Deer Over The Weekend
        * Pension Ruling "Credit Negative," But No Ratings Change
        * Tim Landis: Foreclosure Sales, CIPS Icehouse and Heritage River Trail
        * Part Timers & Manufacturing in Illinois Feeling a Slow Economic Recovery
        * Notes From Ferguson: A QA With St. Louis Public Radio's Rachel Lippmann


        * Our Opinion: Help combat hunger this holiday season
        * Eugene Robinson: On replacement, caution urged
        * George Will: Thanks, or something
        * Quote of the Day: Nov. 27, 2014
        * Illinois attorney general files notice of appeal in pension case
        * Quinn grants clemency to 126 ahead of holiday
        * Illinois gives $4.5M food banks for modernization
        * Michael Gerson: The big ‘but’ on immigration
        * Quote of the Day: Nov. 26, 2014
        * State begins accepting fracking applications


        * Efficiency Stats - Indiana State
        * Murphysboro teen arrested for shooting at father
        * Turkey Trot a family tradition
        * Thanksgiving Day shopper
        * Kenneth Saul
        * Indiana State Pregame 11-27-14
        * LIVE! Indiana State from Las Vegas
        * Library to host senior citizen program
        * Volunteers, staff put turkey in Thanksgiving
        * Minonk Christmas light parade set Dec. 6


        * Taliban attack rocks upscale Kabul district
        * Mosul residents: IS group cuts phones in Iraq city
        * OPEC keeps oil output on hold despite low prices
        * Fire damages Campton Hills house
        * Imrem: Pride, integrity all that's left for Bears

        * Rehab of Affordable Housing Building in Ol...
        * Rep. Danny Davis Hopes to Keep His Seat fo...
        * Congressman calls for removal of police co...
        * Congressmen Plan House Speech on Chicago's...
        * Sri Lanka's Downward Spiral - Foreign Policy
        * Davis To Obama: 'Do Everything In Your Pow...
        * Rahm Touts New Law to Clear Juvenile Polic...
        * Dem Rep. to Columnist: Stop Comparing Blac...
        * Davis retains US Congress 7th seat with ea...
        * Danny Davis Defeats Robert Bumpers In Illi...

        * Durbin Celebrates Obama’s Announcement at ......
        * We Blew It On Obamacare, Top Democrat Admi......

        * Iran's Supreme Leader supports extending t......
        * Chicago Tribuen: Squeeze a stalling Iran t......

        * "Nigerian Kitchen" Closes On Wilson
        * #HappyThanksgiving from The Sixth Ward blog!
        * In Chicago the race is on. It’s easy as ABC.
        * Lisa Madigan files her appeal.
        * The Better Government Association continues to spread the lie about public employee pensions.
        * Happy Thanksgiving. “My idea,” says Rahm.
        * Chicago parents demand answers from Emanuel after sex ed lessons revealed
        * Happy Thanksgiving
        * We're Grateful To Live In Uptown, And For You
        * Will Thanksgiving meal someday come at shopping mall food court?


        * Governor Quinn Announces Investment to Help Regional Food Banks Better Serve Those in Need - Governor’s Investment Will Ensure Lower Cost and Higher Efficiency for Services Reaching Nearly 2 Million Illinois Residents
        * Governor Pat Quinn Takes Clemency Action
        * Governor Quinn Statement on Abner Mikva Receiving Nation’s Highest Civilian Honor
        * Department of Insurance Announces Multi-State Settlement with Symetra Life Insurance and Symetra National Life Insurance Company - Illinois will share part of a $1.2 million penalty against Symetra Life regarding Life Insurance policies
        * Avoid Foodborne Illness This Holiday Season




            Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller