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Saturday, May 28, 2011

ILLINOIS SCREWS ITS RETIREES AND WORKERS


More than 21,000 retired city employees under age 65 will pay 15 percent more for their health insurance — an increase a union official called “alarming” and an expert said spotlitghts a $1.3 billion unfunded liability for Chicago taxpayers.
Paul Geiger, general counsel for the Fraternal Order of Police, said the first double-digit increase since 2004 will create an “enormous hardship” for retired couples on fixed incomes who are not yet eligible for Medicare.
Beginning July 1, their health insurance premiums will rise by $89-a-month — from $626 to $715. The monthly cost for Medicare-eligible couples will decline by $20 — from $217 to $197.
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3 comments:

  1. The rich get richer and the retirees and workers get screwed. What a country. Politicians who took money from unions for years are selling out. You can do something about it by visiting this website.

    ReplyDelete
  2. Punish the workers and make them support those who never worked and those who plan on never working... good plan. Reform? Cut socialist programs? Stop using pension money to line the pockets of your friends? That's just crazy talk...

    Keep voting democRAT

    ReplyDelete

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