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 The city appealed that decision, but the City Council repealed the tax before the city’s appeal was heard.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 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

          
        * Mophie Powerstation Plus Review: Integrated Cable Is Both Blessing And Curse
        * Pastry Paradise is yet another yummy challenge
        * Call of Duty: Heroes game hits Google Play
        * Samsung Galaxy A7 shows signs of life
        * Samsung working on a new smartwatch with rotating bezel?
        * Smartphones to start losing their label overload
        * Google shows off Black Friday/Cyber Monday Play Store deals

        * Two Drinks With Deloitte’s Mohawked Startup-Whisperer Duleesha Kulasooriya
        * First Trailer for Star Wars: Episode VII – The Force Awakens Released
        * Gates Foundation Solicits Vaccine Program Donations With “Doorbuster” Pitch
        * Unshort.me Expands Short Links So You See Where You're Clicking
        * Ambulance drone can help heart attack victims in under 2 minutes
        * How to Help Charities While Playing Videogames
        * Cox is letting pirates steal music online, publishers' lawsuit claims

        * Speedy Campana invited to White Sox camp
        * White Sox can go short or long with free agent starter
        * 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

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


        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


        * States React to Obama Immigration Order..
        * Will Rauner want the mansion?..
        * Rauner Will Pay for Repairs..


        * Illinois man faces trial for stomping puppy
        * Ferguson protests continue in downtown Chicago
        * Protesters demonstrate outside Chicago Walmart
        * Illinois Route 66 gets electric charging stations
        * Video gambling's spread raising cash, eyebrows
        * Plan would use medical marijuana to fund education
        * 3 meetings set on planned central Ill. power line
        * Against odds, Chicago school aims for championship
        * Woman's body found near Whiteside county jail
        * Against odds, Chicago school aims for championship

        * Attorney wants use medical marijuana earnings to fund education
        * 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

        * Black Friday live: Holiday shopping in full gear
        * 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


        * A Democrat admits his party really blew it
        * How Illinois can charge ahead on education
        * Jesse L. Miller, former alderman, community activist in North Lawndale, dies at 72
        * ||| Jack Higgins’ perspective
        * Quinn grants pardons to 126, including one of Dixmoor Five
        * Educators up in arms over Rauner's question on budget cuts
        * Would-be marijuana farmers pledge half of earnings to schools
        * Gutierrez: Obama's immigration delay cost Pat Quinn votes
        * Rep. Luis Gutierrez: Obama’s immigration delay cost Pat Quinn votes
        * IDOT to change '5 minutes to Jane Byrne' sign to 'Jane Byrne Interchange'


        * Start of shopping 'marathon' looks promising, retailers say
        * Deputy disciplined for reportedly pulling over bus to give son lunch
        * Park District vehicle slides off bike path into Lake Michigan near Oak Street
        * Cubs' Pedro Strop "doing fine" after car crash
        * CTA Holiday Train starts rolling Friday
        * Shoppers get a jump on Black Friday deals
        * Baby delivered in stairwell; Fire at Schaumburg apartment complex
        * Protesters target Black Friday sales in Ferguson
        * With contribution limits off, Emanuel reels in more cash
        * 5 wounded in shootings in Chicago on Thanksgiving Day


        * Listen to State Week - November 28, 2014
        * CPS tests causing more anxiety in teacher evaluations
        * LLCC Offers Variety Of Community Education Classes
        * 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


        * Attorney wants use medical marijuana earnings to fund education
        * Michael Carrigan: Illinois can’t afford another year without a raise
        * Esther Cepeda: How to really enjoy the holidays
        * E.J. Dionne: Thank a politician today
        * 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


        * Tom's Mailbag Nov. 28, 2014
        * Black Friday gets a little less frenzied
        * Chat from Las Vegas at 2 p.m.
        * Business leaders promote region’s growing transportation hub
        * Gift Fair to return for 10th year
        * Breaking bread with inmates on Thanksgiving
        * (No heading)
        * IYB sneak peek: New shop strikes a chord
        * Illinois Route 66 gets electric charging stations
        * Second act of Black Friday shopping in full swing


        * Cubs pitcher OK after pickup hits wall
        * Holiday programs at the Schaumburg Library -- something for everyone
        * Northern Illinois tops Western Michigan 31-21
        * Elgin man robbed in his home
        * Meet the 10-year-old actress who has her sights set on Broadway

        * Illinois treasurer race still too close to...
        * Rep. Davis: Keep coal in energy plan
        * Hiring More Vets In Congress
        * Davis dominates 13th District
        * Congressmen sound alarm over anti-Asian ca...
        * Vet, lawmaker: 3,000 troops will not be en...
        * U.S. Rep. Adam Kinzinger re-elected to 16t...
        * Rep. Adam Kinzinger Joins Eyewitness News ...
        * Randy Hultgren, Adam Kinzinger return to C...
        * Tom Kacich: Expert offers opinion on Linco...

        * Durbin to chair hearing on civil rights, F......

        * Just say no to new Iran sanctions...
        * Obama, Congress dig in on Iran sanctions...

        * The Beachwood Radio Hour #33: Save The Spire, Ditch DePaul, Nuke The Luke
        * The College Football Report: Eggs, Hooks, Frogs & Stingers
        * Be like Martin Luther King.
        * We are decorated for the season.
        * Small Business Saturday is tomorrow!
        * Thorner: Rick Santorum answers Northwestern students' questions
        * Retiring Illinois lawmakers bring home the pension bacon
        * The billionaire pension thief John Arnold puts his money on Rahm.
        * Rauners serve meals to needy on Thanksgiving Day
        * Register for GRI in Peoria by midnight tonight! #ILGRIturns50


        * 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