g******4 发帖数: 6339 | 1 Congress can solve Illinois' pension crisis
Most people don't care whether pensions are underfunded. After all,
retirement is far in the future. But if their income taxes are going to go
up because state pensions are underfunded — that's another story.
One advantage Illinois has is that the state has a low individual income tax
rate. But now some legislators want to raise it from 3.75 percent to a max
of 9.75 percent. That would be the fourth highest individual income tax rate
after California, Oregon and Minnesota.
This tax hike is proposed partly because unfunded liabilities for Illinois'
pension plans stood at $111 billion for fiscal year 2015, and shortfalls
have grown faster than the state's ability to fund them. Liabilities
increased by more than 450 percent between 1999 and 2013 after adjusting for
inflation. For fiscal year 2016, $7.6 billion is scheduled to be
transferred into state pension funds.
http://www.chicagotribune.com/news/opinion/commentary/ct-illinois-pensions-bankruptcy-congress-retirement-perspec-0429-jm-20160427-story.html | k****e 发帖数: 2758 | 2 fuck blue state
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【在 g******4 的大作中提到】 : Congress can solve Illinois' pension crisis : Most people don't care whether pensions are underfunded. After all, : retirement is far in the future. But if their income taxes are going to go : up because state pensions are underfunded — that's another story. : One advantage Illinois has is that the state has a low individual income tax : rate. But now some legislators want to raise it from 3.75 percent to a max : of 9.75 percent. That would be the fourth highest individual income tax rate : after California, Oregon and Minnesota. : This tax hike is proposed partly because unfunded liabilities for Illinois' : pension plans stood at $111 billion for fiscal year 2015, and shortfalls
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