http://www.reinventillinois.com/pension-reform/ Cut... Reform... and Reinvent Illinois Thu, 11 Mar 2010 16:22:19 -0800 http://wordpress.org/?v=2.8 hourly 1 http://www.reinventillinois.com/pension-reform/comment-page-1/#comment-745 Darrin VanBibber Thu, 11 Mar 2010 03:16:26 +0000 http://www.reinventillinois.com/?p=1208#comment-745 We need to eliminate the pension plans for all new hires immediately. Private industry adopted 401(K) plans more than 10 years ago because they realized they could not afford the legacy costs of pensions plans (see American car manufacturers for more explanation. No one will change anything though because most of our politicians have no talent to get a job in the public sector. We need to eliminate the pension plans for all new hires immediately. Private industry adopted 401(K) plans more than 10 years ago because they realized they could not afford the legacy costs of pensions plans (see American car manufacturers for more explanation. No one will change anything though because most of our politicians have no talent to get a job in the public sector.

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