Quinn, Cullerton & Madigan Fail – Kane and Kendall County Taxpayers Crushed by Hundreds of Pension Millionaires

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Aurora—Taxpayers United of America (TUA) today released the results of a new pension study of the employees of the Cities of Aurora and Yorkville, Kane and Kendall Counties, Kane and Kendall County government schools, and Waubonsee Community College.
“Illinois lawmakers continue their abuse of taxpayers by ignoring the number one budgetary problem in the state,” stated Jim Tobin, president of TUA. “Illinois is in horrible financial shape, and yet taxpayers are still expected to pour their hard earned money into a failed government pension system.”
“While residents across Kane and Kendall Counties face crushing tax increases, falling home values, high unemployment, and a painfully slow economic recovery, government employees continue to receive stunning pensions largely funded by taxpayers who, on average, collect only $14,800 a year from Social Security. There are currently 104 retired Kane County government teachers collecting pensions over $100,000 per year that accumulate to as much as $8 million in estimated lifetime pension payouts.”
“Pat Quinn, John Cullerton, and Michael Madigan have been draining taxpayers in Kane and Kendall Counties and all across the state for the last 30 years. They would rather trade gold-plated pension benefits for the votes they need to stay in power than to make the reforms necessary to prevent a complete financial meltdown. Across the country, millions of bureaucrats are being paid trillions, to do absolutely nothing! With their 3%, compounded cost of living adjustments (COLA), Illinois’ government retirees double their pensions after only 24 years of retirement.”
“For example, Norman R. Wetzel retired from Community USD 300 at the ripe old age of 55 and collects an annual pension of $225,602. His estimated lifetime pension payout is a stunning $8,016,801, 2.2% of which was his contribution.*”
“At only 56 years of age, Terrence T. Techava retired from Kendall County and has an annual pension of $88,419, with a staggering estimated lifetime payout of $3,709,040. His contribution of the estimated lifetime payout would be only 2.8%.*”
“Retired Aurora municipal government employee, Steven E. Booth, has an incredible lifetime estimated pension payout of $4,885,048*, 2.0% of which he contributed, with an annual pension of $105,202, retiring at only 56.”
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“Illinois’ government pensions are in dire trouble with no end in sight. Government employees should be paid a fair wage for the work they do today so they can save for their own retirement. Taxpayers simply can’t afford to pay so many, so much, not to work and retirees can’t afford the inaction of Illinois lawmakers who are afraid to alienate the special interest money that keeps them in office.”
“Without sweeping and immediate reform, Illinois’ pension system will collapse. Reform must include raising retirement age to 67, increasing employee contributions by 10%, increasing healthcare contributions to 50%, eliminating all COLA’s, and replacing the defined benefit system with a defined contribution system for all new hires. It’s mathematically impossible to tax your way out of this problem. Illinois has more than 6,700 retirees collecting more than $100,000; in 2020, that will be over 25,000 six figure pensioners.”
*Lifetime estimated pension payout includes 3% compounded COLA and assumes life expectancy of 85 (IRS Form 590).

Morton Grove Champion | District 67 officials are taking a restrained approach to referendum

TUA’s work in helping Golf taxpayers oppose a property-tax-increase referendum was featured in the Morton Grove Champion.
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Officials in Golf Elementary School District 67 are taking a restrained approach to this month’s tax hike referendum, relying on information they provided during two previous failed votes to get supporters to the polls.
The referendum, which would allow the district to increase the property tax levy beyond what is permitted by the Cook County Tax Cap, will appear on the Feb. 26 primary ballot. The only other measure on the ballot that day is a primary race for the Action Party candidate for mayor of Morton Grove.
An identical request was defeated in November, and last March voters turned down a more traditional referendum seeking an increase in the maximum tax rate in the District 67 education fund.
All of the measures would increase property tax revenue by about $1.14 million a year.
The issue on the primary ballot will give the district the authority to increase the levy by 16.3 percent, 13.3 percent more than is permitted under the tax cap. The cap limits the levy increase without referendum approval to the Consumer Price Index or 5 percent, whichever is less.
The district recently sent out an issue of “Chalkboard,” its newsletter, with information about the referendum.
But unlike the previous two attempts, there are no public meetings or open house events scheduled to provide information on the measure to district residents.
District 67 School Board President Meryl Gale said the district held several informational meetings before both of the previous two votes, and nothing has really changed since then.
“I think that we provided so much information and had so many meetings and the other elections were so close,” Gale said. “We did have many, many, many informational meetings.”
Superintendent Jamie Reilly noted that only a handful of people showed up at the last open house sessions the district held prior to the November vote.
“We’ve held multiple open house and informational sessions over the past two years,” Reilly said. “Our attendance at the last session was no more than three people. We feel we had reached everyone we could.”
A parents group that was active promoting the referendum prior to the November vote, Kids 67, has also been quiet prior to the February vote.
A spokesman for the group could not be reached for comment, but the group’s web site has not been updated since the November referendum and makes no mention of the February vote.
One thing that is different this time is the interest of Chicago-based Taxpayers United of America, which sent out a press release Feb. 7 encouraging residents to vote against the referendum.
The release quotes Taxpayers United president Jim Tobin saying “This is the only property tax increase referendum on the February ballot in the entire State of Illinois. Homeowners in District 67 twice before defeated such a referendum at the ballot box, but these greedy District 67 government teachers and bureaucrats are back for a third try.”
The release contends that the money from a tax hike will go toward teacher and administrator salaries. During the past couple of years administrators have had their salaries frozen, and teachers have made contract concessions including a salary freeze because of the district’s financial problems.
The Taxpayers United release says that the increased revenue from a tax hike will go toward those salaries, but the district says they plan to use the money to restore programs cut in an effort to reduce expenses such as such as all-day kindergarten.
The release also cites the pensions of former Superintendent Harry Trumfio, who left District 67 in 1992, and Linda Marks, who retired in 2007.
Despite the assertions in the release of “greedy” teachers and administrators, Reilly noted that his superintendent’s salary is the lowest among his peers in Niles Township and the second-lowest in Cook County.
Reilly said she is not overly concerned about the interest of TUA in the District 67 race since the district has already gotten out a large amount of information. She said this is also the first time the group has gotten involved in the recent District 67 referendums.
“I guess I would be concerned it if was factual,” she said.
Reilly and Gale said they are unsure whether having the measure on a ballot with just one other race will improve or reduce the odds of passage.
“It could go either way,” Gale said. “The information is out there. We’re hoping people support it.”
As an alternative to the February referendum, the school board had considered waiting to ask voters for a tax hike until the April 2013 general election.
But Reilly said at a meeting in December that because of a state law, an April referendum would have had to ask for an increase in the rate, rather than the actual levy. As a result, she said, the district could end up with less money than it needs due to declines in the equalized assessed valuation of property in District 67.
In March, a measure asking voters to increase the maximum tax rate by 0.342 percent to $2.401 per $100 of equalized assessed valuation was defeated by 112 votes.
The reworded November referendum, asking voters to allow the district to increase the levy by 16.3 percent, was defeated by about 20 percentage points. After the March 2012 defeat of the tax hike, the school board adopted new and higher fees for extracurricular and athletic programs. The district also froze salaries for administrators and certified employees and eliminated early and late bus runs.
This article has been corrected from a version that originally appeared online and in print to reflect that District 67 Superintendent Jamie Reilly’s salary is the lowest among Superintendents in Niles Township and second-lowest in Cook County, not teachers in the district as a whole.

Jim Tobin Talks About Pensions and the Illinois State Financial Crisis

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Chicago – Jim Tobin, president of Taxpayers United of America (TUA) will be a guest on Truth Talk Radio with Bailey and Binsner on WEFT 90.1 on Wednesday, March 6, 2013 at 8:30 p.m.
Jim will discuss the financial crisis that the State of Illinois is experiencing and the leading cause: the lavish, gold-plated pension system that Illinois’ government employees have enjoyed for too long.
Jim will also be speaking on this topic at the monthly meeting of the Illinois Forum in Rantoul, IL on Sunday, March 10, 2013. This month’s meeting is at 1:30 p.m. at the Red Wheel Restaurant located on highway 136 in Rantoul, IL (exit 250 off I-57).
Jim has been sounding the alarm on the unsustainability of the government pension system and leading the charge for reform here in Illinois and across the country.
Tune in or stream live at 8:30 p.m. on Wednesday. Space is limited so tune in early!
For more information on Illinois Forum call 618-842-7246 and for more information on the Red Wheel Restaurant, call 217-893-0471.