Social Security

AFSCME: The 800-pound gorilla at the negotiating table

By Mailee Smith
11/14/2016
The American Federation of State, County and Municipal Employees claims to be seeking a “fair contract” on behalf of Illinois state workers. But the power and influence exerted by the state’s largest government-worker union means the bargaining table almost always tilts in AFSCME’s favor. The reality is that AFSCME is the power player in negotiations...

Solving Illinois’ pension crisis

By Benjamin VanMetre, Ted Dabrowski
06/08/2015
Actuarial analysis offers options to transition to a defined-contribution retirement plan

Reforming Illinois Medicaid: How to cut waste, fraud and abuse

By Jonathan Ingram
05/20/2015
Medicaid is one of Illinois government’s largest and fastest-growing expenses, accounting for more than 28 percent of the state’s total operating budget.1 It has also been a prime target of waste, fraud and abuse, earning a “high risk” designation from the U.S. Government Accountability Office.2 Most states, including Illinois, have focused fraud-prevention efforts on provider...

Millennials reject broken, traditional retirement benefits

07/23/2014
Most millennials don’t trust Social Security, according to a spring 2014 survey from Reason-Rupe: The report found that: “Fifty-three percent of millennials say Social Security is ‘unlikely’ to exist when they are 67 years old, while 45 percent say it probably will remain. But if it does exist at that time, even fewer millennials believe...

TAGS: Chicago, millennials, pensions

Pension benefits of Chicago workers

By Benjamin VanMetre
07/21/2014
The problem Opponents of pension reform at the state and local level often argue that the average government-worker pension is modest. In a May 2011 commentary, government union chiefs Ken Swanson and Henry Bayer wrote that “at the end of a working life devoted to public service, an Illinois teacher, firefighter or librarian retires with...

TAGS: Chicago, labor