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posted: 5/17/2013 5:00 AM

It's time to end pension perk

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With a defined-benefits pension, Illinois teachers and government employees are recipients of a perk that has long-ago disappeared from the private sector, with few exceptions.

As nice as it is to have such a perk from your employer, when those paying for it cannot get it, it's simply time to end this underfunded liability and call it over.

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Besides that, this perk is not needed to attract people to whatever occupation they might aspire to. If they want the job, not having a pension should have no impact in today's marketplace.

Peter Brunk

Lake Villa

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