Pension “Overhaul” Declared Unconstitutional (Actually, pension pillage was declared unconstitutional.)

Chicago Mayor Rahm Emanuel (D) tried to cut pensions for those greedy, nasty, lazy, and overpaid nurses and other public employees. Demonizing public employees is day-to-day business for Rahm and the rich boys who finance him.

Rahm’s personal friend and venture fund investment cohort, Illinois Gov. Bruce Rahner (R), is still going to try to cut pensions on a state level.

Pension overhaul. Overhaul? Pillage and theft are more accurate terms.

Rauner EmanuelOf course the Illinois Supreme Court has unanimously declared that state employee pension cuts are unconstitutional. That doesn’t seem to matter to these two power mongering sociopaths. However, today yet another judge declared Rahm’s present attempt unconstitutional. Both sets, city and state, of highly paid legal firms will continue to receive big bucks to pursue whatever those two politicos pay them tax dollars to pursue.

What happened today?

“A Cook County judge has thrown out the Emanuel (D) administration’s plan to overhaul two of the city’s four employee pension systems.

Union officials and retired workers applauded the ruling by Judge Rita Novak, whose 34-page ruling said the Illinois Supreme Court made it clear earlier this year that public employees have the constitutional right to receive benefits they were promised.

Novak said legislation that would have reduced benefits for municipal employees and laborers was ‘unconstitutional and void.’

Alice Johnson, director of the Illinois Nurses Association, called the ruling a win for everyone in the state.

‘We are extremely happy with today’s ruling that overturns the city pension cuts, and protects the life savings of city workers,’ she said.”

Where’s the money going to come from if hard earned pensions aren’t cut?

Anders Lindall, spokesman for the American Federation of State, County and Municipal Employees Council 31, said, that the city could raise revenue to fund pensions by closing corporate tax loopholes, and tapping tax increment financing surpluses.

Looking at other creative ideas: to ask rich folks to pay their fair share, and there are solutions at the state level, as well.”

Read the entire article from CBS Chicago.


About Ken Previti
This entry was posted in betrayal, civic duty, corruption, government, greed, legislative pillage, pensions, propaganda and tagged , , , , , , . Bookmark the permalink.

1 Response to Pension “Overhaul” Declared Unconstitutional (Actually, pension pillage was declared unconstitutional.)

  1. dolphin says:

    Reblogged this on Dolphin.

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