To the Editor:
Federal, state, and local employees and elected officials should have to abide by the same laws that the rest of us do. What would the Illinois state pension programs look like if they had been held to the same standards and requirements as the Employment Retirement Income Security Act, passed in 1974, and the Pension Protection Act of 2006?
I suggest we wouldn’t have a $96 billion unfunded liability. If it’s good enough for the public, it should be good enough for “public servants.”
It’s interesting to note that both of those acts were signed into law by Republican presidents. The same standard should be applied to all laws, health care included. That means Social Security, Medicare, Obamacare, everything.