illinois state pensions out of control
TRANSCRIPT
-
8/8/2019 Illinois State Pensions Out of Control
1/17
$887,925,790.00
Illinois state pensions out of control
-
8/8/2019 Illinois State Pensions Out of Control
2/17
http://www.cleveland.com/nation/index.ssf/2010/02/states_must_close_1
_trillion_p.html
http://opt/scribd/conversion/tmp/scratch2589/%20http://www.cleveland.com/nation/index.ssf/2010/02/states_must_close_1_trillion_p.htmlhttp://opt/scribd/conversion/tmp/scratch2589/%20http://www.cleveland.com/nation/index.ssf/2010/02/states_must_close_1_trillion_p.htmlhttp://opt/scribd/conversion/tmp/scratch2589/%20http://www.cleveland.com/nation/index.ssf/2010/02/states_must_close_1_trillion_p.htmlhttp://opt/scribd/conversion/tmp/scratch2589/%20http://www.cleveland.com/nation/index.ssf/2010/02/states_must_close_1_trillion_p.html -
8/8/2019 Illinois State Pensions Out of Control
3/17
List of top Illinois RECIPIENTS:
http://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.html?printerFriendly=truehttp://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.html?printerFriendly=true -
8/8/2019 Illinois State Pensions Out of Control
4/17
-
8/8/2019 Illinois State Pensions Out of Control
5/17
-
8/8/2019 Illinois State Pensions Out of Control
6/17
-
8/8/2019 Illinois State Pensions Out of Control
7/17
MAKE THIS STORY GO VIRAL -- You Thought
California State Pensions Were Out Of Control?
Wait Until You See This List From Illinois
http://dailybail.com/home/james-grant-lectures-bernanke-greenspan-says-qe-is-nothing-b.htmlhttp://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.htmlhttp://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.htmlhttp://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.htmlhttp://dailybail.com/home/krugman-gives-up-on-obama-stiglitz-warns-on-qe2.htmlhttp://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.htmlhttp://dailybail.com/home/james-grant-lectures-bernanke-greenspan-says-qe-is-nothing-b.htmlhttp://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.htmlhttp://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.htmlhttp://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.htmlhttp://dailybail.com/home/krugman-gives-up-on-obama-stiglitz-warns-on-qe2.html -
8/8/2019 Illinois State Pensions Out of Control
8/17
UPDATE: Since we published this story yesterday it hasbeen picked up by Glenn Beck, Business Insider,Patrick.net, and several other sources. As of 5 AM this
morning it has been seen by 322,000 unique visitors. Keepit going!
##
Meet Neil Codell an Illinois educator with a $26 millionstate pension.
Just to drive the point further -- if Obama gets his way onhis proposed state bailout, you will be paying a portion ofMr. Codell's pension. 'Codell, Neil C.' is 4th from the topof the list. His estimated career pension is $26,661,604.That's almost $27 million for a single administrator withinjust one local Illinois school system (Niles, to be exact).
http://twitter.com/glennbeck/statuses/16394580740http://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.htmlhttp://twitter.com/glennbeck/statuses/16394580740 -
8/8/2019 Illinois State Pensions Out of Control
9/17
Read about his benefits package HERE
Obama has requested a $50 billion bailout, this time forstates. We've covered it before, in a general sense, here,
here and here. Certain states are broke forone reason --Public Employee Pensions.
Rather than require that certain bloated, mis-managed statescut pensions, Obama is trying to sell Congress anotherbailout -- this one for bankrupt mini-Greece fiefdoms thatare politically important to Democrats -- California, New
York, Illinois and Michigan.---
More detail: Source
While the California teachers' unions are effectivelydestroying one school system after another, an alertcommenter pointed me to some even more shocking news
from Illinois. Their pension system for educators is -- ifyou can believe it -- even farther off the reservation.
Using actuarial calculations from the Teachers' RetirementSystem (TRS), Champion News reports that the totalestimated pension liability for the top 100 retirees willequal...
http://sunshinereview.org/index.php/Niles_Township_Community_High_School_District_219,_Illinoishttp://www.investors.com/NewsAndAnalysis/Article/537285/201006141903/Buoying-Bureaucracy.aspxhttp://www.investors.com/NewsAndAnalysis/Article/537285/201006141903/Buoying-Bureaucracy.aspxhttp://dailybail.com/home/obama-wants-26-billion-for-bailout-of-teachers-unions.htmlhttp://dailybail.com/home/students-are-trapped-by-selfish-greedy-disgraceful-teacher-u.htmlhttp://dailybail.com/home/nj-gov-christie-tells-complaining-teacher-unlike-the-fed-the.htmlhttp://globaleconomicanalysis.blogspot.com/2010/06/public-union-parasites-move-to-bar.htmlhttp://directorblue.blogspot.com/2010/02/did-you-think-california-teachers.htmlhttp://directorblue.blogspot.com/2010/02/bloodcurdling-tales-of-horror-how.htmlhttp://directorblue.blogspot.com/2010/02/bloodcurdling-tales-of-horror-how.htmlhttp://www.championnews.net/article.php?sid=1023http://www.championnews.net/article.php?sid=1023http://sunshinereview.org/index.php/Niles_Township_Community_High_School_District_219,_Illinoishttp://www.investors.com/NewsAndAnalysis/Article/537285/201006141903/Buoying-Bureaucracy.aspxhttp://www.investors.com/NewsAndAnalysis/Article/537285/201006141903/Buoying-Bureaucracy.aspxhttp://dailybail.com/home/obama-wants-26-billion-for-bailout-of-teachers-unions.htmlhttp://dailybail.com/home/students-are-trapped-by-selfish-greedy-disgraceful-teacher-u.htmlhttp://dailybail.com/home/nj-gov-christie-tells-complaining-teacher-unlike-the-fed-the.htmlhttp://globaleconomicanalysis.blogspot.com/2010/06/public-union-parasites-move-to-bar.htmlhttp://directorblue.blogspot.com/2010/02/did-you-think-california-teachers.htmlhttp://directorblue.blogspot.com/2010/02/bloodcurdling-tales-of-horror-how.htmlhttp://directorblue.blogspot.com/2010/02/bloodcurdling-tales-of-horror-how.htmlhttp://www.championnews.net/article.php?sid=1023http://www.championnews.net/article.php?sid=1023 -
8/8/2019 Illinois State Pensions Out of Control
10/17
Make sure you're sitting down.
Seriously.
$887,925,790.00
You read this right. The top 100 retirees, by themselves,
will cost Illinois taxpayers nearly one billiondollars.
##
http://www.championnews.net/article.php?sid=1023
http://dailybail.com/home/make-this-story-go-viral-you-thought-
california-state-pensio.html
---
====================
http://www.championnews.net/article.php?sid=1023http://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.htmlhttp://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.htmlhttp://www.championnews.net/article.php?sid=1023http://www.championnews.net/article.php?sid=1023http://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.htmlhttp://dailybail.com/home/make-this-story-go-viral-you-thought-california-state-pensio.html -
8/8/2019 Illinois State Pensions Out of Control
11/17
The BENEFIT PACKAGE: Neil Codell an
Illinois educator with a $26 million state pension
Niles Township Community HighSchool District 219, Illinois
From Sunshine Review
Niles Township Community High School District 219 is located inCook County, Illinois.
[edit]School Superintendent Pay
On February 2, 2009 the Chicago Sun-Times reported that NilesTownship school superintendent Neil Codell was paid $411,500 in2008, a record for the state of Illinois. Codell took a lesser job inthe school district on June 30, 2008, but did not receive a pay
decrease. In fact, Codell's contract, signed in January 2005, set hisbase salary at $182,500 with the option of two 20 percent raisesbefore he retired. Also covered are 100 percent of hospitalizationand major medical premiums for his entire family for 10 yearsafter retirement, as well as $500-a-month auto allowance and aterm life insurance policy for twice his salary for as long as he wasemployed at the school district. The Sun-Times filed an IllinoisFreedom of Information Act request to inquire how Codell's salary
moved from $182,500 to $411,500, but did not receive a response.[1]
http://sunshinereview.org/index.php/Niles_Township_Community_High
_School_District_219,_Illinois
http://sunshinereview.org/index.php/Cook_County,_Illinoishttp://sunshinereview.org/index.php/Illinoishttp://sunshinereview.org/index.php?title=Niles_Township_Community_High_School_District_219,_Illinois&action=edit§ion=1http://sunshinereview.org/index.php/Illinois_Freedom_of_Information_Acthttp://sunshinereview.org/index.php/Illinois_Freedom_of_Information_Acthttp://sunshinereview.org/index.php/Niles_Township_Community_High_School_District_219,_Illinois#cite_note-0http://sunshinereview.org/index.php/Niles_Township_Community_High_School_District_219,_Illinoishttp://sunshinereview.org/index.php/Niles_Township_Community_High_School_District_219,_Illinoishttp://sunshinereview.org/index.php/Cook_County,_Illinoishttp://sunshinereview.org/index.php/Illinoishttp://sunshinereview.org/index.php?title=Niles_Township_Community_High_School_District_219,_Illinois&action=edit§ion=1http://sunshinereview.org/index.php/Illinois_Freedom_of_Information_Acthttp://sunshinereview.org/index.php/Illinois_Freedom_of_Information_Acthttp://sunshinereview.org/index.php/Niles_Township_Community_High_School_District_219,_Illinois#cite_note-0http://sunshinereview.org/index.php/Niles_Township_Community_High_School_District_219,_Illinoishttp://sunshinereview.org/index.php/Niles_Township_Community_High_School_District_219,_Illinois -
8/8/2019 Illinois State Pensions Out of Control
12/17
====================
http://www.associatedcontent.com/article/5478638/is_meg_whitmans_blood_too_blu
e_for.html?cat=8
http://www.newsrealblog.com/2010/05/17/obamas-latest-payoff-another-bailout-for-
teachers-union/
http://dailybail.com/home/students-are-trapped-by-selfish-greedy-disgraceful-
teacher-u.html
http://dailybail.com/home/nj-gov-christie-tells-complaining-teacher-unlike-the-fed-
the.html
http://globaleconomicanalysis.blogspot.com/2010/06/public-union-parasites-move-
to-bar.html
http://bigjournalism.com/tcowgill/2010/06/04/are-journalists-finally-getting-over-
their-pro-teacher-union-fetish/
http://globaleconomicanalysis.blogspot.com/2010/06/obama-once-again-wants-to-
buy-union.html
http://www.nbcnewyork.com/news/SHUTDOWN-OF-NEW-YORK-STATE-
GOVERNMENT-MAY-BE-AVOIDED-AS-A-KEY-VOTE-LOOMS-96267718.html
http://www.jigsaw.com/scid20607542/neil_codell.xhtml
======================
http://www.associatedcontent.com/article/5478638/is_meg_whitmans_blood_too_blue_for.html?cat=8http://www.associatedcontent.com/article/5478638/is_meg_whitmans_blood_too_blue_for.html?cat=8http://www.newsrealblog.com/2010/05/17/obamas-latest-payoff-another-bailout-for-teachers-union/http://www.newsrealblog.com/2010/05/17/obamas-latest-payoff-another-bailout-for-teachers-union/http://dailybail.com/home/students-are-trapped-by-selfish-greedy-disgraceful-teacher-u.htmlhttp://dailybail.com/home/students-are-trapped-by-selfish-greedy-disgraceful-teacher-u.htmlhttp://dailybail.com/home/nj-gov-christie-tells-complaining-teacher-unlike-the-fed-the.htmlhttp://dailybail.com/home/nj-gov-christie-tells-complaining-teacher-unlike-the-fed-the.htmlhttp://globaleconomicanalysis.blogspot.com/2010/06/public-union-parasites-move-to-bar.htmlhttp://globaleconomicanalysis.blogspot.com/2010/06/public-union-parasites-move-to-bar.htmlhttp://bigjournalism.com/tcowgill/2010/06/04/are-journalists-finally-getting-over-their-pro-teacher-union-fetish/http://bigjournalism.com/tcowgill/2010/06/04/are-journalists-finally-getting-over-their-pro-teacher-union-fetish/http://globaleconomicanalysis.blogspot.com/2010/06/obama-once-again-wants-to-buy-union.htmlhttp://globaleconomicanalysis.blogspot.com/2010/06/obama-once-again-wants-to-buy-union.htmlhttp://www.nbcnewyork.com/news/SHUTDOWN-OF-NEW-YORK-STATE-GOVERNMENT-MAY-BE-AVOIDED-AS-A-KEY-VOTE-LOOMS-96267718.htmlhttp://www.nbcnewyork.com/news/SHUTDOWN-OF-NEW-YORK-STATE-GOVERNMENT-MAY-BE-AVOIDED-AS-A-KEY-VOTE-LOOMS-96267718.htmlhttp://www.jigsaw.com/scid20607542/neil_codell.xhtmlhttp://www.associatedcontent.com/article/5478638/is_meg_whitmans_blood_too_blue_for.html?cat=8http://www.associatedcontent.com/article/5478638/is_meg_whitmans_blood_too_blue_for.html?cat=8http://www.newsrealblog.com/2010/05/17/obamas-latest-payoff-another-bailout-for-teachers-union/http://www.newsrealblog.com/2010/05/17/obamas-latest-payoff-another-bailout-for-teachers-union/http://dailybail.com/home/students-are-trapped-by-selfish-greedy-disgraceful-teacher-u.htmlhttp://dailybail.com/home/students-are-trapped-by-selfish-greedy-disgraceful-teacher-u.htmlhttp://dailybail.com/home/nj-gov-christie-tells-complaining-teacher-unlike-the-fed-the.htmlhttp://dailybail.com/home/nj-gov-christie-tells-complaining-teacher-unlike-the-fed-the.htmlhttp://globaleconomicanalysis.blogspot.com/2010/06/public-union-parasites-move-to-bar.htmlhttp://globaleconomicanalysis.blogspot.com/2010/06/public-union-parasites-move-to-bar.htmlhttp://bigjournalism.com/tcowgill/2010/06/04/are-journalists-finally-getting-over-their-pro-teacher-union-fetish/http://bigjournalism.com/tcowgill/2010/06/04/are-journalists-finally-getting-over-their-pro-teacher-union-fetish/http://globaleconomicanalysis.blogspot.com/2010/06/obama-once-again-wants-to-buy-union.htmlhttp://globaleconomicanalysis.blogspot.com/2010/06/obama-once-again-wants-to-buy-union.htmlhttp://www.nbcnewyork.com/news/SHUTDOWN-OF-NEW-YORK-STATE-GOVERNMENT-MAY-BE-AVOIDED-AS-A-KEY-VOTE-LOOMS-96267718.htmlhttp://www.nbcnewyork.com/news/SHUTDOWN-OF-NEW-YORK-STATE-GOVERNMENT-MAY-BE-AVOIDED-AS-A-KEY-VOTE-LOOMS-96267718.htmlhttp://www.jigsaw.com/scid20607542/neil_codell.xhtml -
8/8/2019 Illinois State Pensions Out of Control
13/17
-
8/8/2019 Illinois State Pensions Out of Control
14/17
-
8/8/2019 Illinois State Pensions Out of Control
15/17
-
8/8/2019 Illinois State Pensions Out of Control
16/17
-
8/8/2019 Illinois State Pensions Out of Control
17/17
$887,925,790.00
These top 100 retirees, by
themselves, will cost Illinois
taxpayers nearlyone BillionDollars!!!