Hawks, you want me to read your links, but don't r
Post# of 65608
Facts
1.Illinois is home to 667 government pension funds
2.. COLAs: Most retirees receive cost-of-living adjustments that are automatic, annual 3 percent compounded boosts to their pensions. That means their annual pension benefits will double in 25 years. Obama said there is 1% inflation? They get 3, OMG OMG OMG
3. Chicago city worker retirees
--a. Firemen- $80,696
--b. Police $73, 030
--c. Municipal $50,023
--d. Laborers $58,974
--e. Teachers $71.717
--f. Listed is the top pensioners and they make from $368,742 to $547,882 IN RETIREMENT
Career government employees contribute 4 to %8 of their total payout
Hawk, how in the heck does this excess fit in to the "kindness of strangers' to some our less fortunate", I'd call it grand larceny.
https://www.illinoispolicy.org/reports/pensio...on-crisis/