Breaking News Bar
posted: 4/27/2013 5:00 AM

Treat all public pensions equally

hello
Success - Article sent! close
 

Pat Devaney's response to Jake Griffin's story of March 13 on the International Municipal Retirement Fund illustrates the problem with public pensions. He makes a strong case why firefighters' pensions should not be cut and why elected officials need to consider their own pensions as well.

I hope he is as strong of an advocate for teachers' pensions as he is for firefighters because all of the arguments he makes are also applicable to the teachers issue. It's just that the teachers have been on the front line of the fight for a longer time while municipal workers, including police and fire, and federal workers as well, have maneuvered below the radar until recently.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

I realize the teachers represent a larger dollar issue due to their greater numbers but all public pensions should be created equal. I'm not advocating for or against cutting some pension benefits, but unless the legislatures and taxpayers are willing to "pay up and shut up," there will have to be some cuts -- like it or not. These cuts need to be across the board including all state, federal and municipal employees, and don't scapegoat the teachers and walk away. I know "grand bargains" are difficult, but no one wants to be the only sacrificial lamb and there are clearly diametrically opposing views as with the deficit.

Since the discussions in Illinois seem to be going nowhere, maybe it's time to address all public pensions at the same time.

Ken Kowall

Hoffman Estates

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here