Tuesday, September 16, 2014

IFT President on Pension Reform, Mandates on Education

Sen Cullerton issues a statement on the FY15 Budget

Sept 16, 2014, from Sen Cullerton's office:

SPRINGFIELD - Illinois Senate President John Cullerton (D) issued the following statement regarding the FY15 budget sent to Governor Pat Quinn:

 “This maintenance budget allows us to provide level funding for key priorities and services. The effect of the budget is to avert doomsday cuts by deferrals, borrowing and increasing our backlog of bills.

Admittedly, this budget reverses some of the progress that we have made in recent years.  Since we passed the income tax increase in 2011, we have paid down $3.6 billion in old bills and fully funded our ballooning pension payments. We have paid off $8 billion in pension debt. We have saved billions with responsible budget cuts and that demonstrated that we can be good stewards of taxpayer dollars.

 In order to return to this path of fiscal progress, we will have to bring revenues in line with our growing liabilities. While a vote on our tax rates has been deferred, rising costs and pressures will force the issue at a later date.”

Establishing Automatic Retirement Accounts in Illinois with the "Secure Choice Retirement Plan"

Sen Dan Biss (D) talks with the Illinois Channel about his legislation, the "Secure Choice Retirement Savings" program, that would create a 401-k style retirement account for every worker in Illinois. This automatic savings/investment plan would NOT be mandatory, but would require the employee to OPT OUT of participating, rather than opting in to a retirement plan.

Thursday, September 11, 2014

Atty Aaron Maduff with Update on Lawsuit Over Pension Reform


Sheriff Jeffrey Boyd Forfeits Pension, Withdraws Candidacy on November Ballot Over
Attempted Official Misconduct Charge based on Attempted Cyberstalking
Chicago – Attorney General Lisa Madigan announced that Rock Island County Sheriff Jeffrey Boyd resigned and pled guilty today to attempted official misconduct based on attempted cyberstalking.
Boyd, 48, of Rock Island, pled guilty before Judge Jeffrey O’Connor earlier today to one count of attempted official misconduct based on attempted cyberstalking. As part of his guilty plea, Boyd resigned and has withdrawn his re-election candidacy in the November election. He has also forfeited the pension he earned during his term as Rock Island County Sheriff.
Madigan alleged Boyd used his position as sheriff to intimidate and threaten a woman he met at a Rock Island gym. Boyd pursued the woman, who is an undocumented immigrant from Mexico, over repeated text messages. After the victim asked Boyd to stop and leave her alone, Boyd continued to pursue the woman, attempting to use his position in public office and as a law enforcement officer to intimidate and harass the victim. In June, Madigan said Boyd went further, leveling a threat against the victim in an anonymous text message, putting the victim in fear for her safety.
“Mr. Boyd was elected by the people of Rock Island County to serve as its top law enforcement officer, but unfortunately he attempted to use his position to intimidate and stalk his victim,” Madigan said. “My office sought his resignation and criminal conviction to ensure he can no longer abuse the power that the people of Rock Island County entrusted in him.”
Under today’s agreed sentence, Boyd is forbidden from contacting the victim.
Madigan’s Public Integrity Bureau prosecuted the case based on a referral from the Illinois State Police, which investigated the case.
Public Integrity Bureau Chief David Navarro and Chief of the Criminal Prosecutions and Trial Assistance Bureau Bill Elward handed the case for Madigan’s office.