Springfield is the new gambling mecca. Place your bets. ADM or pensions or both?

John Dillon blogs at Pension Vocabulary.

So, what’ll it be in December in the General Assembly? Will the General Assembly supply ADM with the payment in order to play along, like they have with Caterpillar, Boeing, and so, so many others?  Or will they say no?

Or will they look at the hundreds of thousands of single dollars to be taken from those who worked under promises of pensions, planned for futures after retirements, found or find themselves in unexpected medical needs and costs, see that a starting salary today in teaching is nearly 5 and ½ where they started…and take away their futures, break their oaths to the Illinois Constitution, and hand it over to the corporates?

Now there’s a bet for you.

Call your Representative or Senator now.

888-412- 6570

Read the entire post here.