Welfare and Pension Plan Legislation PDF Download

Author: Bill Zettler
Publisher: Champion News LLC
ISBN: 9780615627748
Category : Civil service
Languages : en
Pages : 324

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Book Description
Scam: a fraudulent or deceptive act. Webster's Dictionary. Illinois' state pension systems are in the worst financial condition of any state system in the country. According to Pew Research, Illinois ranks dead last with only 51% of its pension obligations funded. In this well-documented and provocative book, Bill Zettler debunks the common myths surrounding the reasons why Illinois is last in pension funding. According to Zettler, collusion between public sector unions and the politicians they have funded with member dues has resulted in more than 130 benefit increases since 1970 most of them passed by the Illinois legislature with large majorities and with little or no publicity. Those benefit enhancements and their costs have been underplayed by both the public employees and the politicians to the point where there are currently over 6,700 pensions in excess of $100,000. These $100,000 pensions are growing at a rate of more than 20% per year thus projecting to more than 25,000 by 2020. Zettler uses publicly available information on salaries and pensions to develop a powerful argument for immediate restrictions on Illinois public salaries and pensions in order to bring them into line with the private sector and to prevent the state from bankrupting Illinois' children's future. Bill Zettler is Director of Research for the Family Taxpayers Foundation and has researched and written over 150 articles on Illinois public salaries and pensions since 2005. For 30 years prior to that Zettler was owner or principal of three different software companies.

Author: United States. Congress. House. Committee on Education and Labor. General Subcommittee on Labor
Publisher:
ISBN:
Category : Labor union welfare funds
Languages : en
Pages : 826

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Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans and Employee Fringe Benefits
Publisher:
ISBN:
Category : Pension trusts
Languages : en
Pages : 536

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Book Description

Author: William Henry Glasson
Publisher: New York : Columbia University Press
ISBN:
Category : Military pensions
Languages : en
Pages : 156

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Author: United States. Congress. House. Committee on Veterans' Affairs. Subcommittee on Compensation and Pensions
Publisher:
ISBN:
Category : Military pensions
Languages : en
Pages : 730

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Author: United States. Congress. House. Committee on Veterans' Affairs. Subcommittee on Compensation and Pensions
Publisher:
ISBN:
Category : Military pensions
Languages : en
Pages : 282

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Book Description
Considers H.R. 222, H.R. 186, and numerous similar bills, to extend, enlarge, or alter non-service-connected pension provisions for veterans and their dependents.

Author: United States. Congress. Senate. Committee on Pensions
Publisher:
ISBN:
Category : Old age pensions
Languages : en
Pages : 190

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Author: United States. Congress. House. Committee on Appropriations
Publisher:
ISBN:
Category : Military pensions
Languages : en
Pages : 20

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Author: United States. Congress. House. Committee on Appropriations
Publisher:
ISBN:
Category : Military pensions
Languages : en
Pages : 40

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Book Description

Author: Bill Tufts
Publisher: John Wiley & Sons
ISBN: 1118098730
Category : Business & Economics
Languages : en
Pages : 231

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Book Description
The vast majority of Canadians are blissfully unaware that every man, woman and child in Canada now owes a $35,000 share of government debt and must pay this back, with interest! Make no mistake, this debt will change our country and affect every single Canadian in the decades to come. You may think you have planned for your retirement and are safe, but the government must find a way to recover this borrowed money, and they can only do that by raising your taxes and reducing your hard-earned benefits. How did this debt come about, and why can't we simply pay it off? Pension Ponzi lays the blame squarely at the feet of the politicians who refused to stand up to Canada's public sector unions. The fact is Canada's public sector, which accounts for 20% of the workforce, has been grossly overpaid relative to their counterparts in the private sector with cushy pensions paid for with your taxes and new debt. There is no denying that the country does not have the financial resources to ensure that the next generation of Canadians will have the same standard of living as the ones before it-or to support our growing seniors population. Meeting our public sector pension obligations will break the current social safety net that is a pillar of the Canadian way. Can you escape this bleak future? Can you afford to live longer? Nationally-recognized pension expert Bill Tufts and award-winning journalist Lee Fairbanks explore how this catastrophe came about and then suggest ways that government can fix what's broken, and how you as an individual can protect yourself from the financial calamity that is about to engulf Canada.