SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
CTU peace gesture on pension reform

Thursday, May 8, 2014

* Greg Hinz has an important story about a pension reform peace gesture by CTU President Karen Lewis

During an appearance yesterday afternoon before the Crain’s editorial board, Ms. Lewis specifically said the union is willing to consider reducing benefits for those who still are working, although she emphatically ruled out changes for members who already have retired.

“There could be some modification (for current workers),” said Ms. Lewis, who has a reputation as a firebrand and who on May 5 opened the door to a second teachers strike in three years. “We’re interested in talking about modifications, yes.”

* Lewis said she wouldn’t talk about specific cuts until revenue had been negotiated. She’s generally opposed to raising property taxes and has floated things like a financial transaction tax (which was shot down by Mayor Emanuel yesterday) and a commuter tax, which is going nowhere. However, there’s another idea out there

Ms. Lewis said Chicago Public Schools officials lately have been “more open to discussion [about revenue] than in the past.”

She didn’t say what they’re “open” to. A source who should know says a plan to dedicate revenue from expiring tax-increment financing districts is picking up steam because it would provide a revenue stream for pension bonds without raising the overall property tax rate above today’s level.

* On to Mayor Emanuel

What he has ruled out — pointedly and specifically — is a transaction tax, a city income tax increase, and a commercial lease tax like the one championed by Mayor Harold Washington during the mid-1980’s. A Circuit Court judge overturned the six percent lease tax in 1986. The city appealed that decision, but the City Council repealed the tax before the city’s appeal was heard.

The mayor has also nixed the idea of using the jackpot of revenue from a Chicago casino to solve the pension crisis.

“I don’t think you should go to the roulette table with somebody’s retirement check. I’m not gonna do that,” the mayor said last month.

“How long has it been laying out there?… A lot of the credit agencies want something that’s reliable that they count on. I’m trying to stop the city from going to a place that I don’t think it can if we…do the morally responsible thing to ensure that every workers, every retiree gets a pension.”

- Posted by Rich Miller        


14 Comments
  1. - Demoralized - Thursday, May 8, 14 @ 9:19 am:

    I think in any pension “reforms” changes to current retirees should always be off the table.


  2. - Walker - Thursday, May 8, 14 @ 9:26 am:

    Lewis is full of ideas for Rahm. Cool.

    The CTU doesn’t get to negotiate revenue sources in any way.


  3. - Capo - Thursday, May 8, 14 @ 9:37 am:

    “I don’t think you should go to the roulette table with somebody’s retirement check. I’m not gonna do that.” Too late Mr. Mayor the politicians have already done that. And yes you do want to go to the roulette table with retirees pension checks and bank on it the retirees will be the losers.


  4. - RNUG - Thursday, May 8, 14 @ 9:42 am:

    I know Ms Lewis has a lot of support but I have to wonder how the rank and file feel about “some modification”?


  5. - Geronimo - Thursday, May 8, 14 @ 10:08 am:

    Don’t know what “modifications” means, but during the lifespan of my career, I was paying more into my pension fund at the end than in the beginning. That being said, new hires should be the focus of any changes. If they accept the terms of employment as offered (as all those currently working and those retired did), then what’s the complaint?


  6. - funny guy - Thursday, May 8, 14 @ 10:17 am:

    How many times do I have to say this–sell O’Hare and Midway–problem solved without raising taxes and without reducing benefits. The airports’ revenue, unlike the parking meters, does not contribute $1 to the City’s operating budget per federal law. Why should City resources be used to operate airports–other than to protect patronage rich concession and construction contracts. Sorry Rahm–but the jig is up.


  7. - Norseman - Thursday, May 8, 14 @ 10:23 am:

    It’s nice that she cares for the retirees, but the narrative so far by the pension reduction advocates is that the costs of the retirees needs to be reigned in. We’ll see if this opening leads to any agreement.


  8. - lake county democrat - Thursday, May 8, 14 @ 10:44 am:

    Lewis might be realizing that while she may (may) have the majority of parents of schoolage kids on her side, she may not have the majority of Chicago voters on her side and thus might not want to turn the next mayoral election into a referrendum on herself.


  9. - anon - Thursday, May 8, 14 @ 11:21 am:

    Still not sure how the unions have authority to bargain away a benefit that was earned in the past. Prospective changes, sure, but does collective bargaining reach to a benefit which has already vested due to full performance? And where is the consideration?


  10. - Formerly Known As... - Thursday, May 8, 14 @ 12:00 pm:

    == Ms. Lewis specifically said the union is willing to consider reducing benefits for those who still are working ==

    Very surprised to hear this. Changing the rules of the game after someone has started their career? That seems unjust.


  11. - A guy... - Thursday, May 8, 14 @ 12:33 pm:

    Hmmmm. Who would’ve thought she would be the one to get a ball rolling here? Embrace it. It’s a start.


  12. - Geronimo - Thursday, May 8, 14 @ 3:46 pm:

    anon…..had a chuckle. In the manic frenzy to get every penny from all educators, maybe a tax on estates of deceased teachers going back decades would help the funds. People think they got too much and should pay it back.


  13. - A guy... - Thursday, May 8, 14 @ 4:05 pm:

    Geronimo, in this political climate you should be careful what you share.lol :)


  14. - foster brooks - Thursday, May 8, 14 @ 9:39 pm:

    RE:I think in any pension “reforms” changes to current retirees should always be off the table..pension clause could care less if your active or retired.


Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* Today's number: 89 percent
* Today's video: Rauner victory lap
* Ask a silly question...
* Blagojevich arrested eight years ago today
* Pritzker, Lisa Madigan added to enemies list
* Rauner loves him some DeVos
* Good news for Mitsubishi plant?
* Cullerton to Rauner: Cut a deal with AFSCME before pension reform
* The finger-pointing continues
* Sneed: Madigan "disappointed" in Kennedy's fundraising this year
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* 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

  
* Prepare to buy the Huawei Mate 9 on January 6 in the U.S.
* Fitbit CEO drops some details on the Pebble acquisition
* Blass: Huawei Mate 9 sales in US to begin January 6
* Weekend fun: Readers, help us out here
* SoundCloud takeover by Spotify is dead in the water
* U.S. carriers respond to Samsung’s kill switch for the Galaxy Note 7
* HTC 10 Revisited: Now with Android 7.0 Nougat

* Following up: Mr. Eaton’s drama goes to Washington
* Abreu thrilled for reunion with Moncada
* Giolito excited to join White Sox talent haul
* Winter meetings transformative for White Sox
* White Sox steal show at Winter Meetings
* Adam Eaton delivered despite doubters
* A tale of two Sox at Winter Meetings

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


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

Archives
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
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' political games on budget may be wrec.....
* Pilot Dead After Small Plane, Owned By Rob Sher.....
* Statehouse Insider: The ball's in your court. N.....
* Quincy University cuts 14 jobs as it faces $5M .....
* Statehouse Insider: The ball’s in your court. N.....
* Is the governor preparing to push vouchers?..
* Who’s managing (and profiting from) trillions o.....
* Now that U.S. Sen. Dick Durbin has decided to s.....
* Greg Hinz on Politics Look who wants to be our .....
* Energy bill deal saves two Exelon plants - Roch.....


* Suburban cop put on desk duty after excessive force report
* Quincy University cuts 14 jobs as it faces $5M budget hole
* East St. Louis official resigns after corruption guilty plea
* Report: Illinois Lottery didn't pay major scratch-off wins
* Authorities: 1 dead in small plane crash in Illinois
* Northern Illinois braces for up to 12 inches of snow
* U of Illinois inks 10-year deal to buy energy from wind farm
* U of Illinois inks 10-year deal to buy energy from wind farm
* Report: Illinois Lottery didn't pay major scratch-off wins
* 3 dead, 1 critically injured in Belleville 2-vehicle crash

* Anti-abortion medical providers argue against Illinois law
* $3M in emergency funds headed to Illinois community colleges
* Springfield-area veterans join pipeline protest
* Rauner asks Democrats for budget proposal, cancels meeting
* Comptroller: State employee bonuses on hold during impasse
* Rauner signs Exelon subsidy to spare 2 nuclear plants
* Rauner to sign Exelon subsidy to spare 2 nuclear plants
* Judge blocks administration from imposing contract on AFSCME
* State budget still elusive as leaders lash out
* Illinois budget still elusive as leaders lash out

* No warranty on Allstate's billion-dollar acquisition of SquareTrade
* Airbnb is banned from more and more Chicago condo buildings
* Public pensions have a ton of leverage. They should use it.
* How outmoded technology is clipping United's wings
* What if Trump tweets at your company next?


* Man charged with shooting at CPD officers collapses in bond court
* Police seek identify of man found at Austin bus stop
* Trump expected to tap Exxon’s Tillerson to lead State Dept.
* Bob Dylan expresses awe over Nobel Prize, alludes to Shakespeare
* Police warn residents after suspected ruse burglary
* Man charged with Riverside package thefts
* Burglars stealing copper from vacant Lake County homes
* Police: Teen driving stolen vehicle killed in West Side crash
* IRS, other agencies warn of identity theft during holidays
* Woman shot in Humboldt Park


* Widow of man slain in Aurora one year ago: 'We need to find these killers'
* Turkish minister: 29 killed, 166 wounded in twin bombings near soccer stadium
* Advocates call Alabama lethal injection execution an 'avoidable disaster'
* Northbrook police: Lawyer found strangled in office was intended target in homicide
* Suburban parents embark on quest for Hatchimals, this year’s hot toy
* Tensions erupt between Trump and the CIA over Russia's hacking during the 2016 campaign
* Impact of Chicago's violence on girls in toughest neighborhoods often overlooked
* Oakland warehouse fire survivor: People 'dying right in front of me'
* The obscure constitutional provision that could be trouble for Trump
* Heisman Trophy: Oklahoma teammates are rare pair of finalists


The widget AQL4JYGHIY powered by Feed Informer does not exist.


* Nontraditional becoming traditional at UIS
* New website offers tips on money management
* Charles Krauthammer: Tweets and theater entertain, but Congress is the main event
* Brent Bohlen: All are precious
* Anti-abortion medical providers argue against Illinois law
* Our View: Thumbs Up/Thumbs Down for the week
* $3M in emergency funds headed to Illinois community colleges
* Springfield-area veterans join pipeline protest
* Bernard Schoenburg: Bustos gets leadership post, criticizes Rauner
* Our View: Lawmakers should withdraw their lawsuit over paychecks


* Illini Recap: 'Maybe our most complete performance'
* Richey: Abrams got it done against Chippewas
* PODCAST: Fastener's Etc. Post Game 12-10-16
* HS Girls Basketball:Cissna Park vs Fisher
* Snow will dribble on into Sunday
* ‘Violence has no religion’ Moline cleric says
* Family Resources braces for state funding cuts
* Cheryl McEvers
* UI Men's Basketball vs. Central Michigan
* Ferrari strikes building after crash


* Dickens of a Holiday in Libertyville's Cook Park
* Operation North Pole brings Christmas to seriously ill children
* NW Missouri State wins, advances to Division II championship
* Annual Lego Train Club show draws thousands to Cantigny
* Ex-Baylor quarterback Jarrett Stidham chooses Auburn

* 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

* Greg Hinz on Politics Look who wants to be......
* Sens. Durbin and Graham introduce bill to ......

* Sen. Mark Kirk Cheers Illinoisans, Cubs Du......

* No sanctuary for undocumented students at the University of Illinois.
* Holiday Pop-Up Market Saturday, 3pm-9pm
* D.C. map.
* Shedd School as seen in December
* Looking for more ‘REALTORS® Give Back’ stories
* Breaking. Judge orders TRO against Rauner and for state workers.
* Keeping retirement weird. My mother never asked permission to protest.
* Just over 80 days away ‘til Election Day (already?!?), at least for some of us
* TASC Offers Roll Call Videos for Law Enforcement: The Science of Addiction, Building Partnership with Treatment
* Chicago aldermen snub Trump for spotlighting city's violence


* Criminal justice, health services stakeholders convene for Data-Driven Health & Justice Conference - Event will emphasize innovative strategies to address “superutilizers” of emergency departments and jails
* Know Before You Go with IDOT'SWinter Road Conditions Map
* Governor’s Export Awards Recipients Announced
* Governor Signs Legislation to Protect Jobs, Ratepayers and Taxpayers
* Give The Gift Of A Lifetime With A College Illinois!® 529 Prepaid Tuition Plan - College Illinois! can help limit or even eliminate future student loan debt




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