Tag: Pension liability

Written by Diane Benjamin - editor

Normal’s Pension Problem (and Bloomington)

By:  Diane Benjamin The Town of Normal has to pay into three pension funds:  IMRF, Police, and Fire. The funding for IMRF isn’t horrible, Police and Fire are.  What does that say about who the Town management and Council respect and who they don’t? I’m sure you remember property taxes being raised year after year […]

Written by Diane Benjamin - editor

Bloomington’s Compensation

By:  Diane Benjamin Obviously nothing happened at the Bloomington City Council meeting last night to change the pension spiking policies that have cost taxpayer’s millions.  Policies can’t be changed close to an election, so the gravy train for government employees continues. According to the nearly year old financial statements that were just released, employees can […]