Today, the suburban Daily Herald talks about public pensions. The average pension for a retired public employee in Illinois is quickly approaching the average salary of those still working. The gap has narrowed rapidly over the past decade, illustrating the problem of years of generous salary growth, compounded cost-of-living adjustments for pensioners and the financial perils of early retirement incentives, critics say. AFP-Illinois State Director David From was very happy to be quoted in the article as one of those critics! Click here to read more: bit.ly/1qWrVfR
Posted on: Wed, 06 Aug 2014 18:00:54 +0000