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To: SkyPilot

Here in Illinois public service pensions are “untouchable” and cannot be cut!
Some are generous beyond belief!
See Stroger’s secretary and many others.

Lawyer: ‘Welching’ on public employee pensions not an option

The people who wrote the 1970 Illinois Constitution knew they were guaranteeing public employees that their pensions would not be reduced once they started working, according to a new legal analysis by the Senate Democrats’ top lawyer....

http://www.sj-r.com/top-stories/x1512113740/Analysis-Illinois-constitution-delegates-intended-to-guarantee-public-employee-pensions

My father was career Navy and collected past the age of 91 (Smile)!
My mother still receives some.


26 posted on 09/19/2011 6:12:18 AM PDT by DUMBGRUNT (The best is the enemy of the good!)
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To: DUMBGRUNT

It is called Survivor benefit plan. Your father paid a monthly insurance on his retirement pay. I currently pay $179 per month so my wife will get 50% of my retirement if I die first. It is not a freebe your Dad planned. Ahead and paid for it.


42 posted on 09/19/2011 8:59:04 AM PDT by OldGoatCPO
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