History 1986 Federal Government institutes Thrift savings plan – a 401K style pension plan for Federal employees. Private companies for the last 3 decades have largely transitioned to 401K plans for workers. Why – Defined Benefit plans are unaffordable. In fact, companies have filed bankruptcy to get out from under their DB contracts. In Illinois [...]
Read More »Pension Reform Q&A from Conference Call
1. “Provides that no additional service credit may be accrued….” Does this mean that the years of service used for pension calculation are frozen at what they are when the bill passes? Is this equitable for an employee with 5 years of service versus one with 25 years of service? Yes. The years [...]
Read More »Election Information
Below are the local candidates that we are supporting this election. Many, a large number of these names you should recognize as people who have been involved with our tea party, and if they have not been involved they are fiscal conservatives and that is why they have earned our support. If a race is [...]
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