April 30, 2012 By: Greg Hinz After months of preliminary maneuvering, Illinois House Speaker Michael Madigan today finally unveiled a plan for state pension reform that he’s sponsoring and that he will seek to push through the House as soon …
By: Dick Ingram December 9, 2012 Last October, during one of the many public meetings I have spoken at on behalf of Teachers’ Retirement System throughout Illinois, I was confronted by an angry teacher. During the meeting, I had described …
Posted on:December 9, 2012
Yesterday, State Representative Elaine Nekrtiz introduced H.B. 6258. A summary of the bill is below. To read the full text of the bill, click here. Tier 1 Members (state employees in the current state pension systems) • Cost-of-living adjustments would …
Posted on:December 6, 2012
An opinion poll was taken to gauge the Governor Quinn’s pension reform proposal released April 20, 2012. View a detailed summary of the poll results by clicking on the link below: Summary Report – Gov Quinn Pension Reform Poll
FOR IMMEDIATE RELEASE April 20, 2012 Governor Quinn Proposes Bold Plan to Stabilize the Public Pension System Plan Eliminates Unfunded Liability by 2042; Changes Will Save Taxpayers Billions CHICAGO – Governor Pat Quinn today announced a bold plan that secures …