105 Year-old Retired Teacher Puts Face on State Pension Contract Breach.

The Colorado PERA pension contract breach was supported by state pension administrators and a 17-member statehouse lobbying team. Taking money from elderly Coloradans has allowed the Colorado Legislature to continue to underfund its contractual pension obligations, give away $100 million in annual discretionary property tax relief, maintain the lowest per capita state tax collections in the nation, fund local pensions that are not its responsibility, and provide lavish corporate tax benefits.

In this short Chicago Tribune video, a 105 year-old Illinois retired teacher comments on her dedication to public service and how she held up her end of the public pension contract:

http://www.chicagotribune.com/videogallery/74219274/105-year-old-retired-teacher-shares-view-on-teacher-pensions

Daisy Rittgers of Shelbyville, Illinois:

“I think about four Governors ago that they became stressed for money, so they took it from the teacher’s pension and put it in cash flow, and that’s where all of this has all started from . . . and now they’re having to want somebody else to pay for their mistake, it looks to me like.”

‘It might not be . . . but that’s the way it looks like, that they might be trying to get us to pay the mistake of them taking that money and not budgeting and putting it back.” “I may be wrong . . . I’m not a politician.”

Why does the Colorado Legislature value the contracts of its retired workers less than it values its contracts with corporations?

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