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Author: fleg9bo Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3955  
Subject: Recall Quinn! Date: 4/21/2012 1:16 PM
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http://www.suntimes.com/news/12026947-418/quinn-raise-retire...

Picking a fight with labor unions, Gov. Pat Quinn Friday unveiled a “bold step” to make the state’s grossly underfunded pensions whole in three decades by raising the retirement age, increasing employee contributions and threatening to withhold retiree health care for anyone who balks.

- Raising the retirement age for government workers from 55 to 67.

- Increasing employee contributions by 3 percentage points. Contributions currently range from 4 percent to 11.5 percent.

- Reducing cost-of-living adjustments to 3 percent or one-half of the Consumer Price Index, whichever is less.
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Quinn is Hitler!

--fleg
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