"Once again, Mr.. Fahner has initiated the charge on forced pension reform in Springfield, just as he has for the last several years. You’ll remember that Mr. Fahner, although not a member of the General Assembly was a co-author of SB512, and also a signer on the promise to get it right next time after the failure of the draconian bill to cut current and retired teachers’ benefits in 2011. If anyone would have an inside track on how pensions were underfunded to begin with, it would be Mr. Fahner, who served as an appointed Attorney General of Illinois under Governor “Big Jim” Thompson, who managed the pension holiday program effectively to the point that the funded ration for pensions dropped from 90% to 30%." Source: pension-vocabulary.blogspot/2012/11/ty-fahners-doomsday.html
Posted on: Sat, 22 Jun 2013 23:48:57 +0000
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