Breaking News Bar
posted: 5/17/2013 5:00 AM

It's time to end pension perk

Success - Article sent! close

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.

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

Article 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.