Illinois Pension Reform: How Did Your Representative Vote?
The Illinois House Thursday approved a controversial plan to eliminate the state's $100 billion pension debt; here's how DuPage County representatives voted.
The Illinois Senate may soon vote on House Speaker Michael Madigan’s pension reform plan that passed the House Thursday. The bill passed by a vote of 62-51 and seeks to eliminate the state’s $100 billion retirement system debt. Illinois ranks dead last in the nation when it comes to funding its public pension plan, according to WBEZ. The bill asks state workers for less in future cost-of-living increases, an increase in the retirement age for workers under the age of 46 and asks for more money to be taken from state employee paychecks. The bill may have difficulty making it through the Senate where Senate Leader John Cullerton supports a different plan that gives workers the option of pay increases or government-funded health care in …
Jim K
11:24 am on Wednesday, May 8, 2013
No we can't continue to ignore the problem so why not pass something that will solve the problem and not make Pension funding the State's number one priority as this bill does? passing this will put pension payments first in line to bills to be paid ahead of all others including education funding (which, from what I hear teachers say, should be first because it's all about the kids). Have a look … more ›