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 The city appealed that decision, but the City Council repealed the tax before the city’s appeal was heard.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


* Question of the day
* Reproductive Health Care for all in Illinois
* *** UPDATED x4 *** Service tax, "opportunity tax" introduced
* The Senate's higher ed funding numbers are not all they appear to be
* *** UPDATED x1 *** "Subject matter only" in Senate committees today
* Today's number: Up to 95,000 lost jobs
* Rauner announces changes to pharmacy oversight
* This didn't have to happen
* *** LIVE *** Session Coverage
* Senate leaders promise their budget will balance in FY 18
* New House rules proposed by Leader Durkin
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* It's just a (gun) bill
* 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

  
* Latest Vertu Constellation ‘luxury performance’ smartphone actually has pretty solid specs
* A new Huawei Watch with LTE connectivity could launch in February
* Best recipe apps
* Apple will finally let developers respond to App Store reviews
* Developers Able to Respond to Customer Reviews in iOS 10.3 and macOS Sierra 10.12.4
* Huawei Watch 2 release is finally drawing near, Android Wear 2.0 and cellular support in tow
* Airbnb is in talks to acquire social payments startup Tilt

* HOFer Fisk surely White Sox best FA signing
* Renteria: Sox instilling team-first mentality
* Kopech, Soto among 19 invited to Sox camp
* Moncada No. 1 on MLB Pipeline's Top 10 2B Prospects list
* MLB mourns death of Royals pitcher Ventura
* Report: Yordano Ventura killed in car accident
* MLB mourns death of Royals pitcher Ventura

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


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

Archives
January 2017
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


* New Illinois proposal aims to protect pharmacy .....
* Excerpts from recent editorials in newspapers i.....
* Excerpts from recent editorials in newspapers i.....
* Senate 'grand bargain' hits speed bump - Chicag.....
* New Illinois proposal aims to protect pharmacy .....
* New Illinois proposal aims to protect pharmacy .....
* Governor Bruce Rauner Proposes Changes to Bette.....
* New Illinois proposal aims to protect pharmacy .....
* New Illinois proposal aims to protect pharmacy .....


* Excerpts from recent editorials in newspapers in Illinois
* The Latest: Officers prepare for possible pipeline rallies
* Chicago Blues Festival moving to Millennium Park this year
* New Illinois proposal aims to protect pharmacy customers
* Chicago Trump signs that were taken down have gone missing
* Chicago man gets 9 months in celebrity nude photo hack
* Trump acts to advance Keystone XL, Dakota Access pipelines
* A timeline of the Keystone XL oil pipeline
* A timeline of the Keystone XL oil pipeline
* Some Illinois Senate members not ready to vote on budget

* Vote on Senate grand bargain may not happen this week
* Cullerton, Radogno say budget will be balanced
* Illinois concealed carry rules survive lawsuits by gun owners
* Chicago State University's spending raises questions
* Rauner administration asks Congress to avoid hasty 'Obamacare' action
* Illinois treasurer asks Trump to assure banks on medical marijuana
* Justices reject appeal over Illinois concealed-carry rules
* Illinois treasurer seeks payout of unclaimed life insurance
* Illinois Senate to try again on pension reform
* Illinois Senate 'bargain' includes hike in minimum wage

* The demise of the department store experience
* GCM Grosvenor takes stake in startup ​
* Are you on a path to promotion?
* Here's how to make sure participants make it to clinical trials: pick them up


* Man dies in custody at Kane County Adult Correctional Center
* Tab for Burge-era torture up $4M and still rising
* 2 ‘Empire’ actors join lineup of Lyric’s ‘Chicago Voices concert
* White Sox announce spring broadcast schedule
* American Blues Theater announces plans for 2017-18 season
* Giant anteater pup born at Brookfield Zoo
* Steinberg: Donald Trump, ‘pray for the grace of accuracy’
* Senate ‘grand bargain’ hits speed bump
* Two charged with Lisle home invasion
* Erin Andrews had cervical cancer surgery during NFL season


* Shedd Aquarium to close to public for 2 days
* Bartlett police investigating armed, barricaded suspect
* Erin Andrews had cervical cancer surgery during NFL season
* New Trier grad lands job at The Score
* Oscar nominations: 12 biggest snubs and surprises
* Oscars go gaga for 'La La Land' with record-tying 14 nods
* Man who died in Naperville car crash identified
* Trump admin orders EPA contract freeze, media blackout
* Wheaton police: Ex-loan processor charged with scores of financial crimes
* Proposed hog confinement killed after rural neighbors speak out


The widget AQL4JYGHIY powered by Feed Informer does not exist.


* Vote on Senate grand bargain may not happen this week
* Cullerton, Radogno say budget will be balanced
* Illinois concealed carry rules survive lawsuits by gun owners
* Their View: Adam Kinzinger bill a good step toward helping survivors of human trafficking
* Kathleen Parker: Donald Trump is our president. Let us pray
* Chicago State University's spending raises questions
* Rauner administration asks Congress to avoid hasty 'Obamacare' action
* Illinois treasurer asks Trump to assure banks on medical marijuana
* Justices reject appeal over Illinois concealed-carry rules
* State Rep. Steve Andersson: Return power of Illinois House to all 118 members


* Marion approves trial with device that gives preference to first responders at traffic lights
* Video gambling leads to growth in revenue
* 2-month search nets suspected shooter
* PODCAST: Central Illinois Business 1-21-17
* Danville men nabbed in Texas drug bust
* 01-24-17 On The Money
* PODCAST: On The Money 1-24-17
* 01-24-17 Penny for Your Thoughts
* Ag community watching Trump's ag, trade policies
* Noon update: Showers, gaga for 'La La,' forgetful burglar and 10-year-old driver


* Comerica Bank appointed to run Prince's estate
* Chicago Cubs to sign lefty pitcher Brett Anderson
* Miami University student from Gurnee dies in Ohio
* Bartlett woman shot before escaping barricade situation
* Scorsese shunned, Gibson embraced as diverse Oscar noms announced

* 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

* Stepping away from ideology to find soluti......
* Sen. Dick Durbin Comments on President Tru......

* Defense attorney questions witness' motive......
* Defense attorney questions witness' motive......

* Housing Opportunity Working Group to feature global fair housing advocate
* Frustrated by ‘toxic’ environment in Springfield, Unes proud to work with REALTORS®
* Can you guess the top 10 categories of 2016 Legal Hotline questions?
* Video: State of Illinois Housing Market Outlook 2016-17
* Former IL GOP Senate candidate visits D.C. for Trump Inauguration
* Cook County chocolate milk will cost $2.56 a gallon more with proposed soda pop tax
* Di Leo: The Job Creation Machine of the Free World
* Disunion: The Final Q & A
* What Do You Know? A Civil War Pop Quiz.
* Did the American Civil War Ever End?


* Rauner Proposes Changes to Address Potentially Dangerous Drug Interactions
* Honoring Illinois' Fallen - United States and Illinois flags at half-staff immediately until Sunset, Wednesday, January 25, 2017.
* It’s Not Too Late To Get A Flu Shot - Influenza cases increasing in Illinois
* New Authority Allows DCFS to Strengthen and Preserve Families - Federal waiver grants DCFS flexibility to better care for fostered youth
* Illinois Film Industry Generates $499 Million in 2016 - Chicago named #5 Best Place to Live and Work as a Moviemaker




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