by Ron Sandack | Apr 3, 2019 | Blog
We all know that Illinois has a huge public pension problem. It is nearing a point of becoming an unfixable one. One of the biggest ones in the country as a matter of fact and little has been done by our government to try and remedy the situation. But, finally,...
by Ron Sandack | Apr 3, 2019 | Blog, Politics
Prior to Governor Pritzker’s budget proposal, he appointed two task forces to take a closer look at some potential solutions to Illinois’ pension underfunding problem. Or underfunding catastrophe. One of these task forces is looking into the benefits of consolidating...
by Ron Sandack | Mar 14, 2019 | Blog, Politics
In 2020 Illinois will likely experience changes that will profoundly alter how the state operates for years to come. When Gov. J.B. Pritzker came into office, he inherited a $2.8 billion budget deficit. That deficit is expected to rise to $3.4 billion in just a few...
by Ron Sandack | Mar 7, 2019 | Blog, Politics
Working for the state can have some major benefits. For decades it was assumed state workers were giving up short-term salary opportunities for long-term retirement stability. That long-held belief is being tested now because when it comes to retirement, many state...
by Ron Sandack | Feb 27, 2019 | Blog, Politics
The hot topic in Illinois right now is the new minimum wage hike to $15.00 an hour. Newly elected Governor JB Pritzker had made raising the state’s minimum wage — which is higher than the federal minimum wage right now — a top priority, fast. And he has...
by Ron Sandack | Feb 19, 2019 | Blog, Politics
The recent gubernatorial and current Chicago mayor elections have brought forth a plethora of new taxing ideas. While no politicians seem interested in less government spending or reducing the size and scope of government’s gigantic footprint in Illinois, literally...
