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Illinois

BadgerKid

(4,873 posts)

5. I'm leaning towards NO.

Reply to Old Union Guy (Original post)

Tue Nov 6, 2012, 11:10 AM

Nov 2012

Already this year there was a wave of employees taking retirement in the face of alleged upcoming reductions in retiree benefits. Effectively, if they didn't take retirement now, some calculated they would have needed to work several more years just to make up for the setback. This amendment seems to me it would end up penalizing new workers when they had nothing to do with the excesses that the administrations/gov't PREVIOUS to them had been responsible for. A form of austerity, if you will.

Also don't forget that Illinois has already raised income tax from 3% to 5%

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This proposed IL state constitutional amendment I just got official notice about. [View all] Old Union Guy Oct 2012 OP

Illinois Public Pension Amendment, HJRCA 49 (2012)? MerryBlooms Oct 2012 #1

I've been trying to study it ... frazzled Oct 2012 #2

You've broken it down very well. "Amending the Constitution is a big f**ing deal." MerryBlooms Oct 2012 #3

I am voting NO. murielm99 Oct 2012 #4

I'm leaning towards NO. BadgerKid Nov 2012 #5

afscme is going after the flat tax in illinois in the next three yrs madrchsod Nov 2012 #6