Friday, December 06, 2013

Rahm Emanuel Linked With 401K Replacement For Public Pensions By Conservative Think Tank

The Guardian has the blockbuster story of the week:
The proposal from the Illinois Policy Institute for a campaign to deal with Chicago's government worker pensions crisis by switching to 401(k)-style retirement plans similarly focuses on a politician – in this case Mayor Rahm Emanuel. The proposal says that "Mayor Emanuel has privately expressed the need for 401(k)-style changes to truly achieve reform."
An article well worth your time.