Archives
and History of past RTAC information.
3/30/21 Read a full report on and history
of the Illinois' Public Pensions from the Illinois Public Employee Relations
Reporthere
(a large file).
Look at legislation
introduced and/or acted on prior to the current
session here.
When is a 'Loan' not a loan? (Maybe when CPS asks for
one?)Read
this. HB3695 Passed House
102-9 HB3695 Passed House
102-9 but was bottled up in the Senate. See
Vote here.
Look at legislation introduced and/or
acted on prior to the current session here.
Read
a very good summary of the effects of past 'Pension
Holidays' and what must be learned from the past
mistakes here.
Read
the proposed Constitutional AmendmentHERE, RTAC's commentsHERE and letters of explanation HERE. NOTE: The Amendment FAILED to pass in the November
election! Looking for a little balance in
the pension wars, try here.
Read
what the New York Times had to say about Illinois
financial conditionhere.
Listento CTPF Executive Director Kevin
Huber's remarks from the Fall 2012 Luncheon here. (NOTE:
This is an audio ONLY file so turn up your volume.)
Read
a transcript of Illinois Senate Leader
Culleton's remarks from our Fall 2011 Luncheon here.
A BIG defeat for
anyone hired after January 1, 2011- Bill 1946
changes the defined benefit pension plan to a
defined contribution pension plan, does not pay a
pension until a retiree reaches the age of 67 and
averages the last EIGHT years of service to
determine the amount of the pension. (See
the House vote here
and the Senate vote here.)
On July
19, 2009, WBBM (780) radio interviewed Senate President
Cullerton on their 'At Issue' program. At one point,
when talking about sources of revenue, he pointed out that
Illinois is one of the few states that does not tax
retirement income.