Pension Reform

Watchdog Group Says 14 Lake County Retirees Collecting $200K+ Pensions

Jared Labell was interviewed by CBS 2 WBBM Newsradio’s John Cody about Lake County pensions.


generic-cbs-2-wbbm-web
(CBS) — Taxpayers United says over 14 Lake County retirees are collecting pensions over $200,000 as the tax watch it continues combing through Illinois county retirement records for potential tax savings, reports WBBM’s John Cody.
Taxpayers United warns Illinois is heading for financial collapse without radical change to the pension system.
“We’re talking about the nearly 900 Lake County and Waukegan government collecting annual pensions of more than $100,000,” said Taxpayers United operations director Jared Labell.” It’s unconscionable that taxpayers are still on the hook for such outrageous pensions.”
Labell is urging all new public hires in Illinois, including teachers and police, go into 401K retirement plans, an increase to the minimum retirement age at full benefits to 65, and an increase in member contributions to 50 percent of all health care premiums.


My Rock River Radio | Taxpayers United of America Says Sauk Valley Taxpayers Are Still Being Robbed

TUA’s Rae Ann McNeilly and Jared Labell were featured in an article by My Rock River Radio  on the release of pension data for Dixon, Sterling, Lee County and Whiteside County.


MRRRPress350Is the financial system of state and local governments destined for collapse if a change in the pension system not made immediately.  The group Taxpayers United of America thinks so.  Executive Director Rae Ann McNeilly and Director of Operations Jared Labell made a stop in Dixon to present what they called a robbing of Lee and Whiteside County taxpayers to pay unsustainable pensions for government workers.  One of the points raised during the press conference was the amount of money retired school teachers and government municipal workers were receiving in the Sauk Valley.  McNeilly was asked if it was fair to list names of individuals and the amounts they are receiving in their pensions from the state.  McNeilly said the taxpayers pay the pensions and everything should be out in the open.
McNeilly admitted that the retirees are simply receiving the pensions as the unions and the government agreed upon.  She says the unions in the state are the major problems.
McNeilly says the unions make the deals with the politicians and they also give large sums of money to campaign coffers here and statewide.  McNeilly said the state needs to get rid of what she called cronyism in the state.  She said they have hopes Governor Rauner will be able to make some changes, but, she admits so far all they have seen are campaign talk.  She said in the mean time Lee and Whiteside governments will be forced to raise tax levies in order to meet pension obligations.

BLOG POSTS

DISCLAIMER

Taxpayers United Of America: (TUA). is a nonpartisan, 501(c)(4) taxpayer advocacy group. Founded June 27, 1976 in Chicago, Illinois by activist and economist Jim Tobin, TUA works on behalf of taxpayers to reduce local, state, and federal taxes. In the past forty years, TUA has saved taxpayers more than $200 billion n taxes and has become one of the largest taxpayer organizations in America. Check All posts. s.

ADDRESS

Chicago, IL 60606 205 W. Randolph Street, Suite 1305
Phone: (312) 427-5128
Fax: (312) 427-5139
Website: https://taxpayersunitedofamerica.org
Email: info@taxpayersunited.org

Donate