The thing about writing about Illinois government, particularly pensions, is that you’re forever discovering new things that make your jaw drop.
I only recently learned that the people of River Forest saw fit to make Ralph Martire president of their school board. He runs the Center for Tax and Budget Accountability. The CTBA is a union propaganda shop we’ve often criticized for distortions and half-truths.
I was truly skeptical when I reviewed today’s guest piece by Nick Binotti about that school board hiding a 100% teacher pension pick-up in their new school contract, so I looked at the contract and Nick’s FOIA answer. Good work, Nick. Read his article linked here.
It’s not like River Forest has the cash for such a thing. Their firefighter and police pensions are only 58% and 56% funded, respectively. (That’s from the most recent state report, which is 2014 numbers, so it’s probably much worse today.) Their firefighters and cops should be furious.
CORRECTED 9/12/17 to change North Riverside to River Forest
–Mark Glennon is founder of Wirepoints. Opinions expressed are his own.