Who’s after teacher pensions?The dirty alliance between the corporate Illinois Policy Institute, the House Republican Leader Tom Cross and the crazies in the Illinois Tea Party.Former IEA President, retired teacher and pension activist Bob Haisman intercepted the following communication and action plan:
CONFERENCE CALL WITH REP JEANNE IVES & Kristina Rasmussen, Executive Vice President at the Illinois Policy Institute
Support Rep Ives as she pushes for Pension Reform, and guest Kristina Rasmussen, Executive Vice President at the Illinois Policy Institute. Our Tea Party group is hosting a Sunday conference call on pension reform at 7pm with Rep. Jeanne Ives and special guest Kristina Rasmussen from Illinois Policy Institute. Sun. APRIL 7TH 7:00PM Dial-in: 1-267-507-0240Conference code: 513586 All the call in information is on the home page of our website: http://homerlockportteaparty.com
Helpful information on bill HB3303 and pension reform is outlined below and also available at the following link.http://homerlockportillinoisteaparty.org/2013/03/28/pension-reform/ Sincerely, Your Homer/Lockport Tea Party
Time For Pension Reform:
Virtually everyone agrees that Illinois needs to do something about its massive unfunded pension liabilities, which total more than $200 billion. For too long, politicians have been all too willing to kick the can down the road and let the problem build and build, rather than confronting it with meaningful reform.
Now, several pension reform plans have emerged, but most of them have included little more than changes to the current system. With enough pressure having finally built up to make changes to the state’s pension system, now is the time for lawmakers to stand for comprehensive, lasting reform.
Lawmakers should oppose any pension plan that leaves the outdated defined benefit plan in place and instead support shifting public employees to a defined contribution, 401k style retirement plan, like what is seen in the private sector.
Here are the facts:
• Illinois needs a defined contribution, not a defined benefit, plan for its retirees. This is the only solution that will ensure that taxpayers are not left on the hook to make up the difference when investment returns which defined-benefit systems are dependent on inevitably fall short of projections.
• A defined benefit system especially one that includes a funding guarantee will – in the years to come – require annual payments from the state so large that lawmakers will either have to increase taxes or significantly cut funding for core government services, like education and public safety. Neither should be acceptable.
Using Illinois Opportunity Project website Contact your State Representative Using Illinois Opportunity Project website Contact Governor Quinn Participate in our conference call with co-sponsor Rep. Ives – April 7th at 7:00pm Call in details to follow Join the Illinois Opportunity Project Facebook Team friend Danielle Rowe on Facebook and ask to part of the team, and meet with your legislator training and education will be provide by IOP Using the website will allow us to influence legislation, track results, and quantify the impact we are having. We will be able to demonstrate the influence the grassroots effort is having with individual legislators and make our voice count.
Illinois Opportunity Project – Pension Reform Brief Marc Levine’s website – aide to Tom Cross Pension Summary is outstanding! It’s easy to understand and goes into detail Budget Solutions 2014: Pension reform and responsible spending for state and local governments