Illinois lawmakers propose new pension fix, but unions vow suit

Illinois lawmakers propose new pension fix, but unions vow suit. “Illinois has an eye-watering $96B in unfunded liabilities, which is threatening the state’s A2 rating and hurting its ability to finance its services.” “Eat the rich” didn’t work, time for plan B: “The proposals including limiting pensionable salaries and raising retirement ages, although unions have vowed to fight the measures.” Of course. For the children. And the middle class.

Author: Bonfire of the Absurdities

After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

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