By: Diane Benjamin
Even though Bloomington’s Springfield attorney (Jeff Jurgens) knew on August 24th that stopping pensions spiking wasn’t a violation of the Illinois Constitution, the policy still hasn’t been changed. See his email and IMRF response here: https://blnnews.com/2015/09/18/who-knew-and-did-nothing-imrf/
The agenda for Monday is on-line, nothing about stopping the rip off of taxpayers that is now over $1.2 million.
Remember that tax increase last Monday? Mad yet?
Monday night another accelerated payment is going to be approved:
This bill is from June for just one employee. See details here: https://blnnews.com/2015/08/26/imrf-what-did-hales-know-and-when/
Bloomington still owes $7422.88 for another employee. (Same link)
City Manager David Hales claimed at the meeting on 9/14 that he needed 60 days to study pension spiking. Attorney Jurgens knew August 24th (3 years late!) that not allowing spiking wasn’t going to get the City sued.
Hum. It will be interesting to see how many more employees suddenly trigger accelerated payments before the Hales 60 days is up.
Is David Hales REALLY evil enough to allow more employees to spike their pensions before changes are brought to the Council? Of course, that would be at taxpayers expense!
We will see! Pitch forks ready?