Jun 3 2013
New blog site with same domain name
OMG! For past 3 weeks I have been going through the process to get my new blog site up and running, and hope I am finally there. It should not look any different to my readers and should be accessed by same online address, but it has been a real hassle! Go Daddy folks are very helpful and patient, but still — the process has been long. So I did not write on last week’s Community Roundtable issue; hope to “get-er-done” this week! For those folks who were wondering what I was going to do with my time since I retired 12/31/12, here is what I’m up to. Today is my first meditation group meeting. On Tuesdays I do yoga with a small group and later in evening, when my husband gets off work, we attend our group for the “Course in Miracles” study. I am still a reader in my Christian Science Society, study the weekly lesson, and select hymns each week for church service (and meet on the 2nd & 4th Weds evening of each month for service). I am expanding my study of Christian Science as I had intended to do after retiring, to enhance my prayerful treatments. I am a contributing writer to the weekly (Friday) Community Roundtable discussion in the Galesburg Register-Mail, and am trying to blog at least once a week on a variety of topics. I am also writing short stories, poetry, and am working on ideas for children’s books. I have just begun writing my memoirs and plan to juggle that writing with fiction writing; hoping to start my first novel this fall. I also begin this month serving my elected position as Copley Township Clerk (one Saturday morning meeting per month). I plan to entertain my 8 year-old grandson most of the summer, and hope to get at least a couple of fun, educational mini-trips in, before school starts back up for him. There’s boy scout day camp for a week in July, and plan to get down to the fishing hole at least weekly this summer. I have a 4 month-old german-shepherd puppy, that I am trying to train. That’s challenging! We also have 3 cats and 8 Bard-rock chicks. I have many areas of study that I lightly juggle, and many things I want to learn to do. I plan to join the previous Knox Co, state retirees for lunch once a month. We have a vegetable garden to tend. Thank God I’m not a person who needs to have a clean house, or I’d never get anything done, but that. I have an apple plaque, hanging in my kitchen that reads: “An immaculate house is the sign of a mis-spent life”. So true, in my book! I’d rather be exploring the barn or our five acres with my grandson than cleaning the house, although we do try to pick things up enough to have dinner guests once or twice a month! My path for now is to allow and follow my creativity! Follow your dreams is my motto and advise to all……..thanks for following my blog…..y’all. Love and Light and Peace to All. Trish Forsyth Voss
Jun 8 2013
Why IL legislature ended session without a measure to address pension problem
The Illinois House and Senate each backed its own leader’s bill; the Senate voted down Madigan’s proposal, and House Speaker Madigan then adjourned the House without calling Cullerton’s plan for a vote. In a recent Illinois Times article by reporter Patrick Yeagle, he stated: “Practically everyone knows that Illinois’ public pension systems are only about 45% funded, but not everyone knows that 45% is actually an improvement over the 40% funding of the past. The historical record of Illinois’ 1970 Constitutional Convention shows the state’s unfunded pension liability wasn’t considered a crisis when delegates included a clause to protect pension rights”, stating “public pensions are contractual rights that cannot be “diminished or impaired”. The Illinois General Assembly has failed to make the required pension contributions for the past five or six decades. “It’s absolutely a manufactured crisis”, says Ann Lousin, who participated in the convention. Illinois lawmakers now want to welch on those hard-earned retiree “rights”. Professor Lousin says that “unfunded liability is an unrealistic measure of a pension fund’s health because it assumes that every employee could retire at the same time”, which of course wouldn’t happen. “An unfunded pension liability measures how much money the state needs to collect in order to pay all current and future pensions”. “Other states fund their pension systems at around 70 to 100%, making Illinois look bad by comparison in the eyes of credit rating agencies”, says Yeagle. “For fiscal year 2014, Illinois must pay $6.8 billion total into the five public pension systems because of a state law enacted in the mid 1990’s. If followed, the law purports to fund the state pension system at 90% by 2045”. “Currently, Illinois’ five pension systems can pay out benefits to existing retirees. The TRS (teacher’s retirement system) is the largest public pension system in Illinois, and despite carrying an unfunded liability since 1953 –TRS has always paid its retirees on time, and the executive director, Richard Ingram, stated “the truth is TRS will have enough money on hand to pay pensions well into the future”. The convention debate of 1970 was fueled by the fear caused “when many businesses began reneging on pension promises made to workers in the private sector”. Home rule powers were “newly included in the 1970 constitution allowing local governments to levy taxes, issue bonds, pass regulations and more”. “As a result of the General Assembly’s inconsistent pension contributions and public perception that unfunded pension liability is a crisis, lawmakers are now searching for ways to cut future contribution costs”. As a recent state retiree myself, with 25 years of service, I expect the state to keep to the contracts agreed upon. I worked all those years anticipating that I would have a decent retirement benefit with my health insurance premiums paid, not having to pay out half of my monthly pension to pay for my monthly insurance premium! Right is right! Can we expect no one to keep their word?
By spiritspeak • Community Roundtable 0