Illinois Republican Senator Chris Lauzen has introduced SB0030 which would “stop benefits for future legislators who become part of the General Assembly after July 2011”.
“I think that place that all that reform needs to start is with the people passing the laws, the members of the General Assembly . . . [and pensions for lawmakers] incentivize people to stay here forever.”
I’m more inclined to approve of this bill because of the possibility of more turnover rather than helping the pension problem—which is massive.
“Most states, on average, have to devote only about 4 percent of their budgets to pensions for government retirees. But Illinois, in the upcoming fiscal year, will devote what amounts to 15 percent of its budget toward the pensions of its retirees.”
So even though Democrats always proclaim they are for the chilllldren and the downtrodden, when push comes to shove, the chillllldren get thrown under the bus in order to reward their Big Labor paymasters who in turn will use that tax money to keep electing Democrats.
The kicker is the Illinois Constitution gives Big Labor the right to rob the taxpayers of as much of our moolah as they want.
What a scam!