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Old 03-23-2011, 10:49 AM
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dellinger63 dellinger63 is offline
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Join Date: May 2006
Location: U.S.A.
Posts: 10,072
Default Illinois Teachers' Pension Fund

Very simple solution. Pay pensions based on what percentage is funded.

A 50K/yr pension @ 48.2% funded would be paid out at $24,200. Let the teachers file a lawsuit against the company that manages the fund if they feel they are entitled to their full share. Tax payers have always kept up with their payments. Now let whoever handled the money be liable and finally protect the 'average joe'.


http://www.chicagotribune.com/news/e...,3559582.story
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