Letter to the Editor: Pension Reform and Property Taxes
Schaumburg resident John Parker writes about pension reform and pension costs.
Dear Editor,
The recent comments by Gov. Quinn and Mayor Emanuel signal a renewed effort toward pension reform that would include shifting of a portion of pension costs for teachers to the property tax bills of local residents. Residents of Schaumburg, Palatine & Hoffman Est. will see our property taxes go up even further.
To the D-211 School Board:
What are you all doing to preventing this (“portion of the cost onto our property tax bills”) from happening? It is the Unions, School Boards the TRS and Politicians who made this a huge problem, NOT THE TAXPAYERS. I’m all for pension reform, as long as it DOES NOT RAISE MY PROPERTY TAXES !! The ones who created the problem need to bear the financial burden and responsibility, even if means to reduce pension benefits to the highest pension recipients; current and future.
Please call the D-211 open line at 1-847-755-6600 and leave a message for the entire board of education. Tell them not to raise our property taxes.
Thank you,
John Parker
Schaumburg
Mark
7:12 am on Tuesday, April 10, 2012
It was Michael Madigan and John Cullerton who were most instrumental in creating the pension mess by over-promising benefits for decades that it knew the State could not afford. And now their solution for "pension reform" is to shift some of that burden off of their plate and onto the local school districts? I think not!
Shawn
8:26 am on Thursday, April 12, 2012
They will TAX the air we breathe.
Kate
10:04 am on Thursday, April 12, 2012
School Districts should budget for pensions. Just like tax payers make budgets for their families, the schools should make budgets that include pensions