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originally posted by: six67seven
originally posted by: carewemust
If the State doesn't come up with a budget by Friday June 30th, it will be downgraded to "JUNK" status, and have to shut down the state lottery.
Come up with a budget?!?!!?
What in the hell difference does a budget make if they cant manage their money?? Thats what their governor just admitted.
Theres no saving them until you rid Illinois of "them"
originally posted by: Kettu
a reply to: rickymouse
You're not really making a good point.
When people are on assistance, that money goes back into their local economies.
originally posted by: carewemust
My wife took early-retirement from the Illinois Education system in 2016. The state felt that "buying out" the higher paid teachers would save the system. WRONG! For the first time, retired teachers are starting to get a little worried, even though the state has run a deficit for decades.
If your employer offers a pension, they can decide to terminate it. In such a situation your accrued benefit usually becomes frozen; meaning you will get whatever you've earned up to that point, but you cannot accumulate any additional pension income.