Post Tagged with: "unfunded pensions"

October 11, 2013 06:30

The Rich (public unions) Get Richer on the Backs of the People

Dr. Leslie Heffez of the IL State Universities Retirement System, will receive a half-a-million-dollar pension in 2013 [and] more than $15,000 in an annual COLA

September 18, 2013 11:03

Chicago Nears Junk Bond Status – The Next Detroit?

Each Chicago household is on the hook for more than $61,000.

June 19, 2013 06:23

Illinois Highlights Public Union Pension Death Spiral

Taxpayer contributions to teacher retirements have gone up by 400% since 1998 and are expected to go up another 261% by 2045.

March 27, 2013 10:52

Education Costs Higher Than Reported

It turns out, states are hiding some of the teachers’ benefits.

July 19, 2011 07:18

Get out of town: The Compensation Monster Devouring Cities

[T]he compensation monster is threatening local budgets [] and it has officials desperately fighting back. If they lose, cities, towns, and school districts across America face a much darker future.