Fair
76°
Crystal Lake, IL
Fair
Forecast »

Pension solutions

To the Editor:

Attended Tuesday’s Illinois Policy Institute forum on the government pension crisis: quite an eye-opener.

The Teacher Retirement System is billions in the hole; Springfield hasn’t provided the necessary funding. And, despite raising the income tax rate last year, the state doesn’t have the money to pay the employers’ portion of the teachers’ pension contribution. Yes, phase in and shift the employers’ contributions back to the employers, the school boards. That should engender fiscal discipline. But keep the tax cap in place.

Story Archived

Only the most recent 7 days of articles are available for free. For articles older than 7 days there is a small fee for retrieval from our archive. If you are a registered member of the site, the content is free just by signing in below.

Please sign in with your Comment Member ID and password.

Did you purchase access?

Member ID:
Password:
Forgot Your Password?
Register to comment.

Purchase Access
To allow for flexibility, we offer a variety of options for purchasing articles:
Purchase options


Having trouble?

If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at archivedesk@shawmedia.com


Reader Poll

What's your favorite campfire food?

s'mores
hot dogs
marshmallows
other