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.

This post was last modified on January 26, 2021

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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