Kicking the Can

Kicking the can
CapitolFax.com

* We talked yesterday about the We Are One report on the Teachers Retirement System actuarial analysis of SB 1, the House’s pension reform plan. The union report claimed that Speaker Madigan’s reform plan would force teachers into Social Security, which would greatly drive up costs. The reason is that benefits would be less than the teachers would actually be paying into the system.