Eliminate gap between public and private sector pensions
  • Petitioned Illinois Governor, Senate and House of Representatives

This petition was delivered to:

Illinois Governor, Senate and House of Representatives

Eliminate gap between public and private sector pensions

    1. Magdalena Oktaba
    2. Petition by

      Magdalena Oktaba

      Palos Park, IL

The State of Illinois politicians have failed to perform their due diligence regarding the funding of pensions of teachers, judges and other public employees and are about to burden us with an exorbitant tax increases to fund them.

Illinois politicians have ignored and failed to acknowledge the evolution of retirement compensation in the private sector, evolving from tighter profit margins and competition in the marketplace, international and national. Our premise is that the retirement programs of state employees should have a  correlation to those being offered in the private sector. Instead the politicians have granted state employees enormous salary increases, pensions and health benefits to reciprocate for the tens of millions of dollars in political contributions by public unions such as Illinois Education Association ($51 million since 1990s).

Illinois public teachers’ pensions are up to 10 times higher than those of private sector employees. The maximum Social Security annual benefit at 62 is about $22,000 for the high earners. In contrast, thousands of Illinois public teachers collect pensions in excess of $100,000 at age 55. Since teacher contracts allow 20% salary increases, their salaries can grow to over $200,000 resulting in scandalous pensions (their pension equals 75% of the last four years’ average salary). Firemen and police officers retire at age 50 and get equally sweet pension deals. And there are many more public professionals who become pension millionaires. To add insult to injury, we the taxpayers fund those public salaries and pensions through ever increasing taxes.

Unless we oppose this looting by the politicians and public unions, we’ll get taxed out of our homes and our wealth, instead of going to our children and grandchildren, will go to Illinois teachers and other public retirees.

Please, sign the petition demanding changes and encourage your family and friends to do the same.

PETITION:
We, Illinois taxpayers, demand that the Pension Clause of the 1970 Illinois Constitution (Article XIII, Section 5) that prohibits diminishing or impairing public pensions, be revoked and the Constitution amended to allow the following changes to public employee salaries, pensions, pension contributions and health benefits. We further demand that those changes be implemented in Illinois immediately.

1. Make union membership voluntary
2. Raise retirement age to 67 (62 with lower benefit) for all current and future state employees
3. Reduce maximum annual pension benefit to $28,000 at age 67 and $22,000 at 62 to match private sector employees' social Security pension and benefits
4. Make employee pension contribution equal to 6.2% + 1.45% Medicare
5. Follow the private sector by offering defined contribution plans such as 401K with employer match
6. Equate Cost of Living Adjustment (COLA) with Social Security adjustment
7. Follow the private sector by discontinuing current retiree health benefits and placing all public employees on Medicare at 65
8. Use free market salaries as a base to calculate public salaries
9. Equate salary increases with private sector salary increases and base them on merit

Recent signatures

    News

    1. Reached 25 signatures

    Supporters

    Reasons for signing

    • Jose Franco ELGIN, IL
      • about 2 years ago

      I just retired, i am getting a pension. we all deserve a fair pension.

      REPORT THIS COMMENT:
    • Brian Doruff WESTCHESTER, IL
      • about 2 years ago

      The State is already broke..!

      REPORT THIS COMMENT:
    • Thomas Phillips CHICAGO, IL
      • about 2 years ago

      I do not like wasting spending and our State is in finacial crisis. It needs to be dealt with before it is too late.

      REPORT THIS COMMENT:
    • Urszula Krasniewska WROCLAW, POLAND
      • about 2 years ago

      taxis are to higt

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    • Andrew Pawlusiewicz ELMWOOD PK, IL
      • about 2 years ago

      It is simply unfair for the average taxpayer to be burdened with excessive state spending and pension funding considering that the public employees are no different in their skills and importance as compared to a private sector employee (and often much less!). Furthermore, a public service worker is hardly judged on his/her performance due to intrinsic job stability provided by unions; he/she is therefore less likely to be out of a job, lose income potential, etc. This in itself is enough of a reason why guaranteed pensions and pay increases are unfair. Time to level the game - no guarantees and performance based pay!!!

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