Illinois pension reform

1 Comment

  • Larry Ault

    Hi Mike: Enjoyed your show yesterday as I always do. Two ways that will get the teacher pension back on track at least:
    (1) Make sure (SURS) State Universities Retirement System and (TRS) Teachers Retirement System pension funds are completely separated from the grasp of state politicians, as in Missouri. (2) The individual schools, as employers, pay their share of the retirement, not the state. In Missouri, teachers contribute 14.5% and schools contribute 14.5%. To keep property taxes from going "through the roof", pay hikes for teachers are eliminated for several years. The bullet must be bitten. And I'm a teacher. Thanks Mike.

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