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Reform

Monday, August 20, 2012

Pension Issue Unresolved, Cost to Taxpayers Rising

A special legislative session in Springfield last week made no progress. Here, Patch rounds up reactions from local politicians and residents.

No one ever said getting the pension issues in line in Illinois would be easy. State lawmakers have certainly proven that to be the case by the action – or rather inaction – last week in Springfield. In a turn of events that had all the surprise of say, the sun rising in the east, the Illinois General Assembly failed to act at the special session Friday on the matter of the pension debt that is estimated to be anywhere from $80 - $90 billion. So the issue will not be acted upon until after the November election at the earliest. The cost to the taxpayers was $40,000 for the session. The only vote taken was in the House on Legislators curbing their own pensions. That measure received 54 yes votes as opposed to 53 against, but it was still …

Carl Lambrecht

11:18 am on Sunday, August 26, 2012

Read the book "The Illinois Pension Scam" .Our schools are in the top 1 percent for cost. Yet in the lower 99 percent for performance.   more ›

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