Local 1642 Executive Board
Vice President: Sue Totz (WCT)
Treasurer: Duane Peiffer (WCT)
Secretary: Maria Sandall
We Are One Springfield Rally
On April 17, the Illinois Chamber of Commerce is hosting Gov. Scott Walker to address their membership in Springfield, IL. His shameful leadership has eroded the middle class in his home state. He eliminated collective bargaining rights and slashed funding for education and public services. He’s asked Illinois businesses to relocate to Wisconsin taking good jobs with them.There is nothing this man can share that will help working families in OUR STATE.
Come stand with the We Are One coalition to tell Gov. Walker that HE IS NOT WELCOME IN ILLINOIS!Join us in solidarity
Tuesday, April 17
9 – 11 AM
Abraham Lincoln Hotel, Springfield, Illinois
Pensions Still a Hot Topic in Springfield
The new legislative session began in Springfield on January 31, but the main topic of conversation among lawmakers and the governor hasn't changed -- it's still pension funding. Read full article ....
Response to Media Questions About TRS Investment Practices
Most recently these questions came from Crain’s Chicago Business
and the System believes it is helpful to share our extensive
responses to these questions.
For the complete TRS response, click here.
IFT opposes SB 512 because:
• The legislation forces IFT members to choose
to either drastically
increase their contributions, opt into the second tier plan or
transfer
to a defined contribution plan, essentially creating a three-tiered
system.
• It is unconstitutional.
• IFT members do not receive Social Security, so their pensions are
their life savings.
• IFT members have always paid their share of retirement costs; it is
the
state that has not kept its end of the bargain.
• SB 512 would cost taxpayers an additional $34 billion over 15 years.
Take Action
• IFT members are urged to contact legislators at their district offices
between now and November 8, when lawmakers return to Springfield
for the last session days of 2011. Make an appointment for a one-on-
one meeting, send an e-mail or call them and leave a message.
More information is available on the IFT Web site.
The power of our union comes not from its leaders and staff, but from the collective action of our members. Your participation is essential as we grow our union and work to keep it strong.
© 2012