Lavish, Gold-Plated Pensions Of Rockford-Area Retired Government Employees Far Exceed Wages Of Workers In Private Sector

ROCKFORD–A new report by pension researcher Bill Zettler reveals that retired government employees in Winnebago County receive lavish, gold-plated pensions that far exceed actual wages of workers in the private sector.

“These government-employee pensions are bankrupting the state pension funds,” said Jim Tobin, President of National Taxpayers United of Illinois (NTUI). “That’s the real reason Gov. Patrick Quinn (D) wants to raise the state personal income tax up to 67%. He wants to pump taxpayer dollars into the state’s floundering pension programs.”

 
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WIFR Channel 23 (CBS) News coverage of press conference

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Taxpayers Beware: 67% State Income Tax Increase And New Sales Taxes Are Waiting In The Wings

CHICAGO–The President of Illinois’ largest taxpayer organization today issued a warning to Illinois Taxpayers that they are frighteningly close to being socked with a 67% increase in their state income tax, and a hike in the state corporate income tax from 7.3% to 7.5%. Additionally, new state sales taxes between 7%-10% will be created on 39 services.

“Gov. Patrick Quinn (D) has proposed a 33% increase in the state personal income tax, but an even worse state income tax increase is alive and well, and could be passed in this lame-duck session of the General Assembly,” said Jim Tobin, President of National Taxpayers United of Illinois (NTUI).

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Lavish, Gold-Plated Pensions Of Champaign-Area Retired Government Employees Far Exceed Wages Of Workers In Private Sector

CHAMPAIGN–A new report by pension researcher Bill Zettler reveals that retired government employees in the Champaign area receive lavish, gold-plated pensions that far exceed actual wages of workers in the private sector.

“These government-employee pensions are bankrupting the state pension funds,” said Jim Tobin, President of National Taxpayers United of Illinois (NTUI). “That’s the real reason Gov. Patrick Quinn (D) wants to raise the state personal income tax anywhere from 33% to 66%. He wants to pump taxpayer dollars into these floundering state pension programs.”

Jim Tobin speaks to a Champaign television station at the press conference held on November 18, 2010

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