Posts Tagged Galesburg

Taxpayers at LiberTEA Fest 2019



Taxpayers were in Galesburg Saturday, September 7, 2019 for the wonderful IL LiberTEA Fest 2019. Jim Tobin, President of TUA gave a speech exposing the Illinois government pension scam. Local taxpayers were amazed at just how much former government employees were receiving. For example: Ronald L. Cope, who retired at the age of 56 receives an annual taxpayer funded pension of $142,268 a year! Ronald, and many other goons were listed on a flyer handed out to the crowd. These flyers were so popular they ran out.

Jim Tobin will be visiting another city to release even more government pension data soon. Will it be your city? Stay tuned!

Click HERE to view top Galesburg Govt. Pensions as a PDF.

The Register-Mail|Pension problem riles watchdog


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Taxpayers United of America’s Jared Labell was quoted by The Register-Mail on the pension crisis in Illinois


GALESBURG — The privately-funded watchdog group Taxpayers United of America released its findings on problematic pensions in local governments Wednesday.registerart

Director of Operations Jared Labell isolated two retired educators in Knox County with pensions he said are an example of the out-of-control system in Illinois. Labell put the cause of the problem on lawmakers in Springfield and hiring practices of local governments.

“I certainly don’t put the blame on the individuals being hired in these positions. … I think the fault is with the politicians locally, with the politicians statewide and I think the blame needs to be passed on them first and foremost because they are also part of the pension system,” Labell said.

However, in Galesburg and Knox County, local elected officials have little control over pensions, most of which are negotiated at the state level. Galesburg Mayor John Pritchard said the city has very little influence on pension rates.

“We get a bill from IMRF and we pay it,” Pritchard said. “As for the fire and police pensions, the establishment of those are set by state law.”

At the state level, pension reform legislation is currently being reviewed by the Illinois Supreme Court. The legislation would change the cost of living adjustment rate to keep pensions from ballooning over time. Labell said that legislation is a good start but it doesn’t go far enough.

State employee unions have opposed the legislation, saying it takes away money promised to the workers. Labell said the unions should help pay to ease the situation.

“The unions should use those dues forced from members to bail out the pension system rather than use those funds to elect political cronies to keep them in power,” Labell said.

To help combat the pension problem down the road, Labell said new hires should be switched to a 401(k)-style retirement plan and contribute more toward their pensions while they are still employed.

WQAD8 | Group aims to jump-start Illinois pension reform in Knox County


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Taxpayers United of America’s Jared Labell was quoted by WQAD 8 about TUA’s visit to Galesburg to release pension data.



It’s a no-brainer that police and fire services are crucial in Galesburg. Officers and firefighters put their lives on the line every shift.
At the same time, their pensions take a big bite out of the city’s budget.
Fire and police pension payments swallow 41% of the city’s property tax revenue.
That’s roughly four times the cost of other Galesburg pensions.
“If it continues to increase at those rates, it’s going to have a significant impact on services in the future,” said Galesburg City Manager Todd Thompson.
That’s why representatives from Taxpayers United of America made a stop in Galesburg on Wednesday.
The privately-funded, Chicago-based group, says that Illinois can’t afford to wait for change.
“The tax dollars that are coming in need to go toward services that are currently being rendered, not past,” said Jared Labell, the group’s operations manager.
It certainly won’t happen overnight, but the group wants change to begin with new employees.
Taxpayers United wants new Illinois hires put into a 401-K style plan. It also wants to increase the retirement age and amount that employees contribute.
That idea prompts concern in Knox County.
Relying solely on 401-K’s might not be enough to fund retirements. A pension could actually be more affordable in the long run.
“If you’re going to continue to get quality employees, you’ve got to have some type of benefits,” said Knox County Treasurer Robin Davis.
Springfield continues to search for solutions after decades of underfunding and mismanagement.
Between the legislature and the courts, it’s a timely challenge.

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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.

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