PAT QUINN, GOVERNOR STATE OF ILLINOIS May 31, 2012 FOR IMMEDIATE RELEASE Statement from Governor Quinn on Stabilizing Our Pension System SPRINGFIELD – Governor Pat Quinn today released a statement regarding the status of pension reform in Illinois: “While this …
By: Eric Peterson May 15, 2012 “Cook County Board Commissioner Bridget Gainer believes open discussions with county employees is the way forward in reforming a pension system she believes is unsustainable. As the chair of the county board’s Pension Committee, …
Chicago Tribune Editorial Board May 15, 2012 “Two more weeks. That’s how long your legislators are scheduled to be in Springfield for the remainder of their thus far do-little spring session. As of this writing lawmakers have taken one important …
May 13, 2012 “Last week, two commissioners from the Cook County Board visited with us to provide an overview of an ambitious plan to reform the county’s public pension program and ensure its sustainability. Like so many public pension programs …
“Perhaps there’s hope for California yet. Illinois Democrats are spearheading pension reform, and get this – they’re not merely tinkering around the edges. Gov. Pat Quinn is proposing to raise the retirement age to 67 from 55; cap retirees’ annual …