by meep
Okay, let me step back from Illinois for a moment. There’s a bunch of public pension and finance fires going on right now, and I’m kicking this off with Kentucky.
As it’s pretty much in the worst place.
KENTUCKY PENSIONS IN A NUTSHELL
I’ve covered the awful condition of Kentucky pensions before, but here’s the very short version:
1. The main state pension is in an awful funded position, at 19% funded. Don’t take my...
by meep
John Ruberry at Da Tech Guy Blog writes on Illinois topics often, and this anecdote from a recent post shines a bit of light on Toni Preckwinkle:
Leftist? Who is a leftist?
Cook County Board President Toni “Taxwinkle” Preckwinkle, a Chicago Democrat, that’s who.
Proof? Do you want proof?
On my way to...
by meep
I got several emails over my recent post on the never-fully-funders advocates with respect to public pensions.
I am going to address a few below.
WHAT IS FULL FUNDING?
I got the following question via email:
What exactly IS “100% funding”? Does it mean that the funding is...
by meep
Cook County has its soda tax
tell you why
cuz they need money or they’re gonna die
and when revenue doesn’t add up
Bloomberg’s left with a Big Gulp cup
I love it…
By the way, I was in Chicago last week for the Society of Actuaries Predictive Analytics Symposium. ...
by meep
I thought once might be a coincidence. But, unlike Auric Goldfinger, I will jump to conclusions of adverse intent with a sample of two: I have a new category for the 80% Hall of Shame, and it’s those who say public pensions never have to be fully-funded.
Hell,...
by meep
The soda tax goes ever ever on….
…. but politicians may see their end in it.
I HOPE IT WAS WORTH IT
County beverage tax may make pols’ re-election bids go pop, poll finds
Voters could cap the re-election bids of four Cook County commissioners over their support for the...
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