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Author: Bill Zettler Publisher: Champion News LLC ISBN: 9780615627748 Category : Civil service Languages : en Pages : 324
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: Bill Zettler Publisher: Champion News LLC ISBN: 9780615627748 Category : Civil service Languages : en Pages : 324
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: Chicago Tribune Staff Publisher: Agate Publishing ISBN: 1572844183 Category : Political Science Languages : en Pages : 182
Book Description
Chicago Mayor Rahm Emanuel, Illinois Governor Pat Quinn, and former Chicago mayor Richard M. Daley have something in common that could easily become each of their undoing: Chicago's severely underfunded public pension system. Pension Games is a series of investigative reports on the broken, corrupt system that provides retirement payments to Chicago's many public service workers. Beginning in 2010, the Tribune has tracked this crisis from its birth to its current state of crisis roiling political and business figures from Cook County to Springfield. Through its in-depth research and watchdog reporting, the Chicago Tribune has exposed mismanagement and corruption within the pension system by public officials past and present. Pension Games is a hard-hitting expose that reveals how former mayor Richard M. Daley used pension funds to make political deals and give oversized pensions to all sorts of city workers—himself included. By looking at the history of the pension system, the nature of the laws themselves, and a trove of primary materials, investigative journalists have uncovered rampant corruption and uncorrected failures that have led to an attempt at state-wide pension reform. This book clearly details the exact makeup of arcane pension laws that have allowed this crisis to cripple public finances, while never before examined primary documents and pension records reveal the complex nature of this problem. Pension Games helps explain the origins, cause, and nature of the issues afflicting the residents of Chicago and Illinois in straightforward, aboveboard terms, making the convoluted ins and outs of pensions quite accessible. Complementing this analysis of public records and finances are profiles and case studies of specific individuals, bringing the results of the system's misuse and abuse to life. As the Tribune continued to investigate the issues at the heart of the pension problem, it eventually triggered an official look into pension reform in Illinois, as well as a new federal investigation of several union officials' pensions in Chicago. The immediate and long-term crises posed by a pension system unhinged are at the forefront of public officials' minds, not the least of whom include Mayor Rahm Emanuel and Governor Pat Quinn. If they cannot reform these public finance systems, it may easily be their own political careers that will pay the price. What's more is that many of any convictions or revelations that come out of the reformation process and federal investigation may taint if not undo the largely positive legacy of Richard M. Daley. For the first time ever, one book examines the breadth and depth of the pension problem in Illinois and Chicago, and it is a problem that will only continue to be in the news until major reforms can be enacted. Even after, the fallout from decades of pension abuse will not only affect the Midwest's largest hub of political and economic activity in Chicago and Illinois, but it will have major repercussions for cities and states across the nation struggling with the same issues.
Author: Wayne Allyn Root Publisher: Simon and Schuster ISBN: 1621572323 Category : Political Science Languages : en Pages : 306
Book Description
The great American middle class is dying—and not from natural causes. The Murder of the Middle Class exposes the crime and indicts the conspirators, from the Obama administration to their willing accomplices in big business, big media, and big unions—naming names and pointing out their misdeeds. Bestselling author Wayne Allyn Root doesn't just prove the crime and profile the suspects, he provides bold solutions to save American capitalism, the middle class, the GOP . . . and YOU! This middle class warrior gives you the game plan and the weapons to fight back.
Author: American Bar Association. House of Delegates Publisher: American Bar Association ISBN: 9781590318737 Category : Law Languages : en Pages : 216
Book Description
The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.
Author: Bill Zettler
Author: Bill Zettler
Author: Illinois Information Service
Author: Chicago Tribune Staff
Author: Henry Wade Rogers
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Author: Wayne Allyn Root
Author: Deloitte Development LLC
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Author: 
Author: American Bar Association. House of Delegates