myhcaa

News and Notes

Next meeting on Monday 10/5/20, 2 to 4 pm. Zoom link will be emailed to HCAA Board members.
The Governor has been promoting the Graduated (Fair) Tax Amendment that will be voted on in November and hopes to change the Illinois constitution which currently has a flat income tax. This amendment is controversial with the following considerations:

PROS

Most Illinois residents will not pay more, only if you make $250,000+/per year;
Those making $1 million or more, will be taxed at 7.99%;
Projected additional revenue from this change: $3.4 billion;
Our pensions are not taxed (source for above: Governors State University SUAA newsletter).

CONS

Neighboring states (Indiana, Iowa, Kentucky, and Missouri) have lower taxes, while Illinois is headed in an opposite direction;
Corporate income tax will be 10.45% (3^rd highest in country); while pass-through income tax at a top rate of 9.45% (4^th highest nationwide). So, there is a risk that companies will leave Illinois, although that is not likely (source for above: IllinoisPolicy.Org);
Corporate tax comparisons by state: NY (6.5%); CA (8.84%); IA (12%); MN (9.8%); WI (7.9%) and PA (9.99%). (Source: TaxFoundation.org).

For more information select one or both of the links below:

Harper College has been good to HCAA over the years. It is our pleasure to give back by making a one-time $1,000 donation to the Harper College Student Emergency Relief Fund on the group’s behalf. Our donation is being matched by the college. If you want to send an individual donation, go to: https://www.harpercollege.edu/foundation/donations/support-harper-students.php

Name	Title Dept/Division	Retirement Date
Ron Ally	Executive Vice President Finance/Administrative Services	06/30/2020
Juanita Bassler	Admissions Specialist Admissions Outreach	04/30/2020
Brett Bonnstetter	Controller Finances and Administrative Services	06/30/2020
Barbara Bowker	Professor Liberal Arts	07/31/2020
Karen Chandra	Professor Health Careers	05/31/2020
John Clarke	Associate Professor Business/Social Science	07/31/2020
Julie D’Agostino	Director of Nursing Health Careers	09/30/2020
Barbara Ellis	Professor Liberal Arts	05/31/2020
Patricia Hamlen	Professor Business/Social Science	05/31/2020
Mark Healy	Professor Business/Social Science	07/31/2020
Pascuala Herrera	Learning Specialist Student Development	05/31/2020
Larry Lasko	Associate Professor Student Development	07/31/2020
Robert McAnnalley	Support Specialist Client Systems	05/31/2020
Mark Mrozinski	Asst. VP of Workforce Development Workforce Solutions	08/31/2020
Norma Nerstrom	Manager, Continuing Professional Education Career & Technical Programs	01/31/2020
Sheryl Otto	Associate Provost Student Affairs	05/31/2020
Helmut Publ	Professor Business/Social Science	07/31/2020
Joanne Rothblum	Professor Health Careers	05/31/2020

To promote the individual and collective interests and welfare of Harper College annuitants (retirees) and their survivors, and employees through:

Early notification and perceived effects on HCAA members of proposed changes to State law
Relevant updates to HCAA members on healthcare/Medicare coverage
Dicussions with and service to Harper College
Improved communications between Harper and its retirees
Scheduled social events for members
Discussion/participation with other IL annuitant and state organizations
Active communication with legislators on relevant concerns
Workshops/ presentations on relevant topics
Harper parking stickers
Reduced admission to select Harper events