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Dan Brady says pensions must be cut

Fri, 01 Jun 2012 13:32:53 CDT
By: Jim Browne

Dan Brady says pensions must be cut The legislature will be back in Springfield yet this month to deal with underfunded pensions. That's the opinion of Bloomington State Representative Dan Brady. Brady says there's no alternative to cutting state worker benefits to remedy the pension problem, although he says some people have made suggestions:

   

Brady says there are legal barriers at both the federal and state levels that prevent that however. He says unions and politicians agree there's a problem, but differ in approaches. Teacher groups say they served the state, made their mandatory pension payments, and will be denied social security in return for the state's promise of a pension.

   

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